Pivot (invalidation): 12440.00
Our preference
Short positions below 12440.00 with targets at 12300.00 & 12220.00 in extension.
Alternative scenario
Above 12440.00 look for further upside with 12540.00 & 12610.00 as targets.
Comment
As Long as the resistance at 12440.00 is not surpassed, the risk of the break below 12300.00
remains high.
(By Swissquote TRADING CENTRAL)