Pivot (invalidation): 1.2125
Our preference
Long positions above 1.2125 with targets at 1.2150 & 1.2165 in extension.
Alternative scenario
Below 1.2125 look for further downside with 1.2110 & 1.2095 as targets.
Comment
A support base at 1.2125 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)
