Pivot
(invalidation):
12200.00
Our preference
Short positions below 12200.00 with targets at 11624.00 & 11400.00 in extension.
Alternative
scenario
Above 12200.00 look for further upside with 12362.00 & 12490.00 as targets.
Comment
The RSI is bearish
and calls for further decline.
(By Swissquote TRADING CENTRAL)
