Pivot (invalidation): 12170.00
Our preference
Long positions above 12170.00 with targets at 12290.00 & 12339.00 in extension.
Alternative scenario
Below 12170.00 look for further downside with 12110.00 & 12063.00 as targets.
Comment
The RSI is bullish and calls for further advance.
(By Swissquote TRADING CENTRAL)