Pivot (invalidation): 1198.00
Our preference
Long positions above 1198.00 with targets at 1204.00 & 1207.00 in extension.
Alternative scenario
Below 1198.00 look for further downside with 1196.50 & 1193.00 as targets.
Comment
The RSI shows upside momentum.
(By Swissquote TRADING CENTRAL)