Pivot
(invalidation):
1.2360
Our preference
Short positions below 1.2360 with targets at 1.2305 & 1.2260 in extension.
Alternative scenario
Above
1.2360 look for further upside with 1.2385 & 1.2415 as targets.
Comment
A break below 1.2305 would trigger a drop towards 1.2260.
