Pivot (invalidation): 12600.00
Our preference
Short positions below 12600.00 with targets at 12487.00 & 12399.00 in extension.
Alternative scenario
Above 12600.00 look for further upside with 12650.00 & 12690.00 as targets.
Comment
The RSI is bearish and calls for further decline.
(By Swissquote TRADING CENTRAL)
