Pivot
(invalidation): 1.2355
Our preference
Long positions above 1.2355 with targets at 1.2405 & 1.2435 in extension.
Alternative scenario
Below 1.2355 look for further downside with 1.2325 & 1.2285 as targets.
Comment
Technically the RSI is above its neutrality area at 50.
(By Swissquote TRADING CENTRAL)