Pivot: 0.7575
Most Likely Scenario: long positions above 0.7575 with targets @ 0.7640 & 0.7660 in extension.
Alternative scenario: below 0.7575 look for further downside with 0.7540 & 0.7520 as targets.
Comment: a support base at 0.7575 has formed and has allowed for a temporary stabilization.
Most Likely Scenario: long positions above 0.7575 with targets @ 0.7640 & 0.7660 in extension.
Alternative scenario: below 0.7575 look for further downside with 0.7540 & 0.7520 as targets.
Comment: a support base at 0.7575 has formed and has allowed for a temporary stabilization.
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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.