Pivot (invalidation): 1.2365
Our preference Short positions below 1.2365 with targets at 1.2290 & 1.2245 in extension.
Alternative scenario Above 1.2365 look for further upside with 1.2395 & 1.2425 as targets.
Comment The break below 1.2365 is a negative signal that has opened a path to 1.2290