Pivot
(invalidation):
12710.00
Our preference
Short positions below 12710.00 with targets at 12589.00 & 12516.00 in extension.
Alternative scenario
Above
12710.00 look for further upside with 12790.00 & 12870.00 as targets.
Comment
The RSI is bearish and calls for further downside.
(By Swissquote TRADING CENTRAL)
