Preference short positions below 1.2330 with targets at 1.2085 & 1.2010 in extension.
Above 1.2330 look for further upside with 1.2400 & 1.2485 as targets.
Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Risk management in priority.
Above 1.2330 look for further upside with 1.2400 & 1.2485 as targets.
Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Risk management in priority.