Pivot: 1.247
Our preference: Short positions below 1.247 with targets @ 1.2385 1.235 in extension.
Alternative scenario: Above 1.247 look for further upside with 1.2525 1.257 as targets.
Comment: as long as 1.247 is resistance, look for choppy price action with a bearish bias.
Key levels
1.257
1.2525
1.247
1.24386 last
1.2385
1.235
1.231
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