Pivot (invalidation): 11700.00
Our preference
Short positions below 11700.00 with targets at 11390.00 & 11210.00 in extension.
Alternative scenario
Above 11700.00 look for further upside with 11900.00 & 12000.00 as targets.
Comment
The immediate trend remains down and the momentum is strong.
(By Swissquote TRADING CENTRAL)
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