Pivot: 1.2345
Our preference: Short positions below 1.2345 with targets @ 1.2285 1.2255 in extension.
Alternative scenario: Above 1.2345 look for further upside with 1.2385 1.241 as targets.
Comment: as long as the resistance at 1.2345 is not surpassed, the risk of the break below 1.2285 remains high.
Key levels
1.241
1.2385
1.2345
1.232 last
1.2285
1.2255
1.2235
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