Yearly open resistance stands at 1280 backed by the 38.2% retracement, a rally surpassing this zone would shift the focus towards subsequent objectives at the weekly opening-range high at 1292 & the 61.8% retracement at 1296. Support rests with the lower parallel, currently around ~1268 backed by the 100% extension at 1258 and the 50% retracement at 1253 – both levels of interest for exhaustion / long-entries IF reached.