Pivot: 1.2325
Our preference: Short positions below 1.2325 with targets @ 1.228 1.2255 in extension.
Alternative scenario: Above 1.2325 look for further upside with 1.2345 1.237 as targets.
Comment: as long as 1.2325 is resistance, look for choppy price action with a bearish bias.
Key levels
1.237
1.2345
1.2325
1.23071 last
1.228
1.2255
1.223
Copyright 1999 – 2013 TRADING CENTRAL