Pivot (invalidation): 12405.00
Our preference
Short positions below 12405.00 with targets at 12300.00 & 12240.00 in extension.
Alternative scenario
Above 12405.00 look for further upside with 12465.00 & 12510.00 as targets.
Comment
The RSI is bearish and calls for further decline.
(By Swissquote TRADING CENTRAL)
