Pivot (invalidation): 11216.00
Our preference
Short positions below 11216.00 with targets at 11074.00 & 10995.00 in extension.
Alternative scenario
Above 11216.00 look for further upside with 11280.00 & 11340.00 as targets.
Comment
As Long as 11216.00 is resistance, look for choppy price action with a bearish bias. Prices
need to push above 11216 to invalidate the intraday bearish bias.
(By Swissquote TRADING CENTRAL)
