Pivot (invalidation): 1291.00
Our preference
Short positions below 1291.00 with targets at 1283.50 & 1281.00 in extension.
Alternative scenario
Above 1291.00 look for further upside with 1294.50 & 1297.00 as targets.
Comment
As Long as 1291.00 is resistance, look for choppy price action with a bearish bias.
(By Swissquote TRADING CENTRAL)