
Pivot
(invalidation): 1.2050
Our preference
Short positions below 1.2050 with targets at 1.2015 & 1.1990 in
extension.
Alternative scenario
Above 1.2050 look for further upside with 1.2080 & 1.2110 as targets.
Comment
The
upward potential is likely to be limited by the resistance at 1.2050
(By Swissquote TRADING CENTRAL)


![[iVISTscalp5]: A Laboratory for Market Behavior Research Through Time [iVISTscalp5]: A Laboratory for Market Behavior Research Through Time](https://c.mql5.com/6/1005/splash-preview-770124.jpg)