Pivot (invalidation): 12360.00
Our preference
Short positions below 12360.00 with targets at 12220.00 & 12120.00 in extension.
Alternative scenario
Above 12360.00 look for further upside with 12420.00 & 12480.00 as targets.
Comment
As Long as 12360.00 is resistance, look for choppy price action with a bearish bias.
(By Swissquote TRADING CENTRAL)
