Pivot (invalidation): 12120.00
Our preference
Short positions below 12120.00 with targets at 11940.00 & 11870.00 in extension.
Alternative scenario
Above 12120.00 look for further upside with 12180.00 & 12270.00 as targets.
Comment
As Long as the resistance at 12120.00 is not surpassed, the risk of the break below 11940.00
remains high.
(By Swissquote TRADING CENTRAL)
