Pivot
(invalidation):
1.2435
Our preference
Short positions below 1.2435 with targets at 1.2400 & 1.2370 in extension.
Alternative scenario
Above
1.2435 look for further upside with 1.2455 & 1.2480 as targets.
Comment
A break below 1.2400 would trigger a drop towards 1.2370.
(By Swissquote TRADING CENTRAL)
