Pivot
(invalidation): 12505.00
Our preference
Long positions above 12505.00 with targets at 12685.00 & 12830.00 in extension.
Alternative scenario
Below 12505.00 look for further downside with 12415.00 & 12300.00 as targets.
Comment
A support base at 12505.00 has formed and has allowed for a temporary stabilisation
(By Swissquote TRADING CENTRAL)