Pivot: 1.2375
Our preference: Short positions below 1.2375 with targets @ 1.2305 1.228 in extension.
Alternative scenario: Above 1.2375 look for further upside with 1.24 1.2425 as targets.
Comment: the break below the support at 1.2375 triggered a downward acceleration to 1.228.
Key levels
1.2425
1.24
1.2375
1.2333 last
1.2305
1.228
1.2255
Copyright 1999 – 2013 TRADING CENTRAL