Pivot: 1.2335
Our preference: Short positions below 1.2335 with targets @ 1.226 1.225 in extension.
Alternative scenario: Above 1.2335 look for further upside with 1.235 1.2385 as targets.
Comment: as long as 1.2335 is resistance, look for choppy price action with a bearish bias.
Key levels
1.2385
1.235
1.2335
1.2305 last
1.226
1.225
1.222
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