Pivot (invalidation): 1225.50
Our preference
Short positions below 1225.50 with targets at 1219.50 & 1217.00 in extension.
Alternative scenario
Above 1225.50 look for further upside with 1228.00 & 1230.00 as targets.
Comment
As Long as 1225.50 is resistance, look for choppy price action with a bearish bias.
(By Swissquote TRADING CENTRAL)
