Pivot (invalidation): 1226.00
Our preference
Short positions below 1226.00 with targets at 1211.00 & 1205.50 in extension.
Alternative scenario
Above 1226.00 look for further upside with 1233.00 & 1238.00 as targets.
Comment
The RSI advocates for further decline.
(By Swissquote TRADING CENTRAL)
