Pivot (invalidation): 1201.00
Our preference
Long positions above 1201.00 with targets at 1207.75 & 1210.00 in extension.
Alternative scenario
Below 1201.00 look for further downside with 1199.00 & 1196.00 as targets.
Comment
The RSI advocates for further advance.
(By Swissquote TRADING CENTRAL)