Pivot
(invalidation): 12850.00
Our preference
Short positions below 12850.00 with targets at 12700.00 & 12599.00 in extension.
Alternative scenario
Above 12850.00 look for further upside with 12960.00 & 13030.00 as targets.
Comment
The RSI is bearish and calls for further decline.
(By Swissquote TRADING CENTRAL)
