Pivot 1.2470

Our preference
Long positions above 1.2470 with targets at 1.2510 & 1.2530 in extension.

Alternative scenario
Below 1.2470 look for further downside with 1.2450 & 1.2425 as targets.

Resistance
1.2560

1.2530

1.2510

Support

1.2470

1.2450

1.2425

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