Pivot (invalidation): 12085.00
Our preference
Short positions below 12085.00 with targets at 11950.00 & 11910.00 in extension.
Alternative scenario
Above 12085.00 look for further upside with 12130.00 & 12170.00 as targets.
Comment
As Long as 12085.00 is resistance, look for choppy price action with a bearish bias.
(By Swissquote TRADING CENTRAL)