0
55
Pivot
(invalidation):
1.2305
Our preference
Short positions below 1.2305 with targets at 1.2260 & 1.2230 in extension.
Alternative scenario
Above
1.2305 look for further upside with 1.2335 & 1.2355 as targets.
Comment
As Long as 1.2305 is resistance, expect a return to 1.2260.
