Pivot
(invalidation):
1.2270
Our preference
Short positions below 1.2270 with targets at 1.2200 & 1.2175 in extension.
Alternative scenario
Above
1.2270 look for further upside with 1.2300 & 1.2325 as targets.
Comment
The index currently faces a challenging resistance area at 1.2270.
(By Swissquote TRADING CENTRAL)
