Pivot (invalidation): 12070.00
Our preference
Long positions above 12070.00 with targets at 12254.00 & 12315.00 in extension.
Alternative scenario
Below 12070.00 look for further downside with 12000.00 & 11900.00 as targets.
Comment
The RSI calls for a rebound.
(By Swissquote TRADING CENTRAL)