Pivot (invalidation): 12350.00
Our preference
Short positions below 12350.00 with targets at 12175.00 & 12115.00 in extension.
Alternative scenario
Above 12350.00 look for further upside with 12405.00 & 12465.00 as targets.
Comment
As Long as 12350.00 is resistance, look for choppy price action with a bearish bias
(By Swissquote TRADING CENTRAL)
