Pivot
(invalidation):
1.2325
Our preference
Long positions above 1.2325 with targets at 1.2375 & 1.2410 in extension.
Alternative scenario
Below
1.2325 look for further downside with 1.2285 & 1.2265 as targets.
Comment
The RSI calls for a rebound.
(By Swissquote TRADING CENTRAL)