Pivot: 0.7420
Most Likely Scenario: short positions below 0.7420 with targets @ 0.7355 & 0.7310 in extension.
Alternative scenario: above 0.7420 look for further upside with 0.7445 & 0.7475 as targets.
Comment: as long as 0.7420 is resistance, look for choppy price action with a bearish bias.
Most Likely Scenario: short positions below 0.7420 with targets @ 0.7355 & 0.7310 in extension.
Alternative scenario: above 0.7420 look for further upside with 0.7445 & 0.7475 as targets.
Comment: as long as 0.7420 is resistance, look for choppy price action with a bearish bias.
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Related publications
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.