Pivot
(invalidation):
1.2460
Our preference
Short positions below 1.2460 with targets at 1.2410 & 1.2390 in extension.
Alternative scenario
Above
1.2460 look for further upside with 1.2490 & 1.2520 as targets.
Comment
As Long as the resistance at 1.2460 is not surpassed, the risk of the break below 1.2410
remains high.
