Pivot
(invalidation):
1.2250
Our preference
Short positions below 1.2250 with targets at 1.2185 & 1.2150 in extension.
Alternative scenario
Above
1.2250 look for further upside with 1.2290 & 1.2325 as targets.
Comment
As Long as the resistance at 1.2250 is not surpassed, the
risk of the break below 1.2185
remains high.
(By Swissquote TRADING CENTRAL)
