Pivot
(invalidation):
1.2310
Our preference
Short positions below 1.2310 with targets at 1.2270 & 1.2240 in extension.
Alternative scenario
Above
1.2310 look for further upside with 1.2335 & 1.2365 as targets.
Comment
A break below 1.2270 would trigger a drop towards 1.2240.
