Pivot (invalidation): 1247.00
Our preference
Short positions below 1247.00 with targets at 1241.50 & 1239.00 in extension.
Alternative scenario
Above 1247.00 look for further upside with 1251.00 & 1254.00 as targets.
Comment
The RSI is bearish and calls for further decline.
(By Swissquote TRADING CENTRAL)