Pivot (invalidation): 11950.00
Our preference
Long positions above 11950.00 with targets at 12170.00 & 12210.00 in extension.
Alternative scenario
Below 11950.00 look for further downside with 11900.00 & 11820.00 as targets.
Comment
The RSI lacks downward momentum.
(By Swissquote TRADING CENTRAL)