Pivot (invalidation): 12225.00
Our preference
Long positions above 12225.00 with targets at 12340.00 & 12400.00 in extension.
Alternative scenario
Below 12225.00 look for further downside with 12160.00 & 12100.00 as targets.
Comment
The RSI lacks downward momentum
(By Swissquote TRADING CENTRAL)
