Pivot
(invalidation): 12170.00
Our preference
Short positions below 12170.00 with targets at 11845.00 & 11700.00 in extension.
Alternative scenario
Above 12170.00 look for further upside with 12300.00 & 12470.00 as targets.
Comment
As Long as the resistance at 12170.00 is not surpassed, the risk of the break below 11845.00
remains high.
(By Swissquote TRADING CENTRAL)
