Pivot (invalidation): 12295.00
Our preference
Short positions below 12295.00 with targets at 12160.00 & 12100.00 in extension.
Alternative scenario
Above 12295.00 look for further upside with 12340.00 & 12400.00 as targets.
Comment
The RSI is bearish and calls for further declin
(By Swissquote TRADING CENTRAL)
