Pivot (invalidation): 1.2520
Our preference
Short positions below 1.2520 with targets at 1.2485 & 1.2460 in extension.
Alternative scenario
Above 1.2520 look for further upside with 1.2540 & 1.2555 as targets.
Comment
The index currently faces a challenging resistance area at 1.2520
(By Swissquote TRADING CENTRAL)