Pivot (invalidation): 1.2100
Our preference Short positions below 1.2100 with targets at 1.2060 & 1.2040 in extension.
Alternative scenario Above 1.2100 look for further upside with 1.2115 & 1.2130 as targets.
Comment As Long as the resistance at 1.2100 is not surpassed, the risk of the break below 1.2060 remains high.