Pivot (invalidation): 1205.50
Our preference
Short positions below 1205.50 with targets at 1195.50 & 1189.50 in extension.
Alternative scenario
Above 1205.50 look for further upside with 1208.50 & 1211.00 as targets.
Comment
As Long as 1205.50 is resistance, look for choppy price action with a bearish bias.
(By Swissquote TRADING CENTRAL)
