Pivot (invalidation): 1229.00
Our preference
Long positions above 1229.00 with targets at 1236.50 & 1240.00 in extension.
Alternative scenario
Below 1229.00 look for further downside with 1225.00 & 1220.00 as targets.
Comment
The RSI is bullish and calls for further upside.
(By Swissquote TRADING CENTRAL)
