Pivot
(invalidation):
1.2295
Our preference
Short positions below 1.2295 with targets at 1.2250 & 1.2220 in extension.
Alternative scenario
Above
1.2295 look for further upside with 1.2330 & 1.2375 as targets.
Comment
As Long as the resistance at 1.2295 is not surpassed, the
risk of the break below 1.2250
remains high.
(By Swissquote TRADING CENTRAL)
