Pivot (invalidation): 11500.00
Our preference
Short positions below 11500.00 with targets at 11340.00 & 11235.00 in extension.
Alternative scenario
Above 11500.00 look for further upside with 11560.00 & 11620.00 as targets.
Comment
As Long as 11500.00 is resistance, look for choppy price action with a bearish bias.
(By Swissquote TRADING CENTRAL)
