Pivot: 1.23
Our preference: Short positions below 1.23 with targets @ 1.225 1.2235 in extension.
Alternative scenario: Above 1.23 look for further upside with 1.233 1.235 as targets.
Comment: as long as the resistance at 1.23 is not surpassed, the risk of the break below 1.225 remains high.
Key levels
1.235
1.233
1.23
1.2279 last
1.225
1.2235
1.22
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