Pivot (invalidation): 12220.00
Our preference
Short positions below 12220.00 with targets at 12070.00 & 12000.00 in extension.
Alternative scenario
Above 12220.00 look for further upside with 12300.00 & 12355.00 as targets.
Comment
The RSI is bearish and calls for further decline.
(By Swissquote TRADING CENTRAL)
