Pivot
(invalidation): 12840.00
Our preference
Short positions below 12840.00 with targets at 12635.00 & 12520.00 in extension.
Alternative scenario
Above 12840.00 look for further upside with 12910.00 & 12980.00 as targets.
Comment
As Long as 12840.00 is resistance, look for choppy price action with a bearish bias.
(By Swissquote TRADING CENTRAL)
