Our preference: position below 1.2485 with targets at 1.2410 & 1.2380 in extension. Alternative Scenario: In excess of 1.2485, aim for a continuation of the rise with 1.2530 & 1.2555 in line of sight.
Comment: The RSI is mixed with a limited bearish bias.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.