Pivot
(invalidation):
1.2170
Our preference
Short positions below 1.2170 with targets at 1.2140 & 1.2120 in extension.
Alternative scenario
Above
1.2170 look for further upside with 1.2190 & 1.2210 as targets.
Comment
As Long as the resistance at 1.2170 is not surpassed, the risk of the break below 1.2140
remains high.
(By Swissquote TRADING CENTRAL)
