0
56
Pivot
(invalidation):
12314.00
Our preference
Short positions below 12314.00 with targets at 12140.00 & 12085.00 in extension.
Alternative scenario
Above
12314.00 look for further upside with 12375.00 & 12439.00 as targets.
Comment
As Long as the resistance at 12314.00 is not surpassed, the risk of the break below 12140.00
remains high.
Prices need to push above 12650 to validate a new bullish signal. Choppy
market possible between 12650 and 11500.
(By Swissquote TRADING CENTRAL)
