Pivot: 87.40
Our preference:
short positions below 87.40 with targets at 85.95 & 85.00 in extension.
Alternative scenario:
above 87.40 look for further upside with 88.00 & 88.75 as targets.
Comment:
even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Our preference:
short positions below 87.40 with targets at 85.95 & 85.00 in extension.
Alternative scenario:
above 87.40 look for further upside with 88.00 & 88.75 as targets.
Comment:
even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
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.