Pivot (invalidation): 12170.00
Our preference
Short positions below 12170.00 with targets at 11990.00 & 11910.00 in extension.
Alternative scenario
Above 12170.00 look for further upside with 12254.00 & 12315.00 as targets.
Comment
The RSI is bearish and calls for further downside.
(By Swissquote TRADING CENTRAL)
