Pivot
(invalidation): 12340.00
Our preference
Long positions above 12340.00 with targets at 12505.00 & 12685.00 in extension.
Alternative scenario
Below 12340.00 look for further downside with 12255.00 & 12175.00 as targets.
Comment
A support base at 12340.00 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)
