
Pivot
(invalidation):
12.3000
Our preference
Short positions below 12.3000 with targets at 11.6100 & 11.4200 in extension.
Alternative
scenario
Above 12.3000 look for further upside with 12.6400 & 12.8800 as targets.
Comment
The RSI calls for a
drop.
(By Swissquote TRADING CENTRAL)
![[TLV]: Timings at Market Highs and Lows Price Extremes, Exhaustion, and Timing Reactions [TLV]: Timings at Market Highs and Lows Price Extremes, Exhaustion, and Timing Reactions](https://c.mql5.com/6/1006/splash-preview-770296.jpg)

