Pivot (invalidation): 12480.00
Our preference
Long positions above 12480.00 with targets at 12620.00 & 12690.00 in extension.
Alternative scenario
Below 12480.00 look for further downside with 12400.00 & 12309.00 as targets.
Comment
The RSI is mixed and calls for caution.
(By Swissquote TRADING CENTRAL)