Pivot: 78.70
Our preference:
short positions below 78.70 with targets at 76.60 & 75.60 in extension.
Alternative scenario:
above 78.70 look for further upside with 79.40 & 80.20 as targets.
Comment:
as long as the resistance at 78.70 is not surpassed, the risk of the break below 76.60 remains high.
Our preference:
short positions below 78.70 with targets at 76.60 & 75.60 in extension.
Alternative scenario:
above 78.70 look for further upside with 79.40 & 80.20 as targets.
Comment:
as long as the resistance at 78.70 is not surpassed, the risk of the break below 76.60 remains high.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.