Pivot
(invalidation): 1.2330
Our preference
Short positions below 1.2330 with targets at 1.2280 & 1.2250 in extension.
Alternative scenario
Above 1.2330 look for further upside with 1.2360 & 1.2390 as targets.
Comment
As Long as the resistance at 1.2330 is not surpassed, the risk of the break below 1.2280
remains high.
(By Swissquote TRADING CENTRAL)
