Pivot (invalidation): 12400.00
Our preference
Short positions below 12400.00 with targets at 12270.00 & 12200.00 in extension.
Alternative scenario
Above 12400.00 look for further upside with 12450.00 & 12490.00 as targets.
Comment
The RSI is bearish and calls for further downside.
(By Swissquote TRADING CENTRAL)
