Pivot (invalidation): 1242.00
Our preference
Short positions below 1242.00 with targets at 1236.00 & 1233.00 in extension.
Alternative scenario
Above 1242.00 look for further upside with 1244.50 & 1248.00 as targets.
Comment
As Long as 1242.00 is resistance, look for choppy price action with a bearish bias.
(By Swissquote TRADING CENTRAL)
