Pivot
(invalidation):
1.2160
Our preference
Long positions above 1.2160 with targets at 1.2195 & 1.2210 in extension.
Alternative scenario
Below
1.2160 look for further downside with 1.2140 & 1.2120 as targets.
Comment
A support base at 1.2160 has formed and has allowed for
a temporary stabilisation.
(By Swissquote TRADING CENTRAL)
