Pivot (invalidation): 11980.00
Our preference
Short positions below 11980.00 with targets at 11805.00 & 11730.00 in extension.
Alternative scenario
Above 11980.00 look for further upside with 12060.00 & 12140.00 as targets.
Comment
The RSI is bearish and calls for further decline.
(By Swissquote TRADING CENTRAL)
