Pivot (invalidation): 11800.00
Our preference
Short positions below 11800.00 with targets at 11590.00 & 11520.00 in extension.
Alternative scenario
Above 11800.00 look for further upside with 11860.00 & 11920.00 as targets.
Comment
The RSI is bearish and calls for further decline
(By Swissquote TRADING CENTRAL)
