Pivot (invalidation): 12310.00
Our preference
Short positions below 12310.00 with targets at 12190.00 & 12140.00 in extension.
Alternative scenario
Above 12310.00 look for further upside with 12350.00 & 12400.00 as targets.
Comment
The RSI is bearish and calls for further decline.
(By Swissquote TRADING CENTRAL)
