Pivot
(invalidation): 12670.00
Our preference
Short positions below 12670.00 with targets at 12370.00 & 12260.00 in extension.
Alternative scenario
Above 12670.00 look for further upside with 12730.00 & 12840.00 as targets.
Comment
The RSI is bearish and calls for further decline.
(By Swissquote TRADING CENTRAL)
