Pivot
(invalidation):
1.2190
Our preference
Long positions above 1.2190 with targets at 1.2385 & 1.2465 in extension.
Alternative scenario
Below
1.2190 look for further downside with 1.2120 & 1.2050 as targets.
Comment
The break above 1.2190 is a positive signal that has
opened a path to 1.2385.
(By Swissquote TRADING CENTRAL)