Our preference: short positions below 1.2350 with targets at 1.2310 & 1.2290 in extension.
Alternative scenario: above 1.2350 look for further upside with 1.2375 & 1.2400 as targets.
Comment: the RSI lacks upward momentum.
Supports and resistances:
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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