Pivot
(invalidation): 1.2100
Our preference
Short positions below 1.2100 with targets at 1.2075 & 1.2060 in
extension.
Alternative scenario
Above 1.2100 look for further upside with 1.2120 & 1.2135 as targets.
Comment
The RSI
advocates for further decline.
(By Swissquote TRADING CENTRAL)
