Pivot
(invalidation): 11700.00
Our preference
Short positions below 11700.00 with targets at 11450.00 & 11170.00 in extension.
Alternative scenario
Above 11700.00 look for further upside with 11850.00 & 12070.00 as targets.
Comment
As Long as the resistance at 11700.00 is not surpassed, the risk of the break below 11450.00
remains high.
(By Swissquote TRADING CENTRAL)
