Pivot: 1.0850
Preference: short positions below 1.0850 with targets at 1.0350 & 1.0200 in extension.
Alternative scenario: above 1.0850 look for further upside with 1.1150 & 1.1300 as targets.
Comment: the RSI shows downside momentum.
Supports and resistances:
1.1300 **
1.1150 **
1.0850 ***
1.0550 Last
1.0350 ***
1.0200 **
0.9950 **
Preference: short positions below 1.0850 with targets at 1.0350 & 1.0200 in extension.
Alternative scenario: above 1.0850 look for further upside with 1.1150 & 1.1300 as targets.
Comment: the RSI shows downside momentum.
Supports and resistances:
1.1300 **
1.1150 **
1.0850 ***
1.0550 Last
1.0350 ***
1.0200 **
0.9950 **
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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.
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.