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Pivot (invalidation): 12150.00
Our preference
Long positions above 12150.00 with targets at 12355.00 & 12420.00 in extension.
Alternative scenario
Below 12150.00 look for further downside with 12070.00 & 12000.00 as targets.
Comment
A support base at 12150.00 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)