Pivot: 1.4110
Most Likely Scenario: long positions above 1.4110 with targets @ 1.4285 & 1.4360 in extension.
Alternative scenario: below 1.4110 look for further downside with 1.4050 & 1.4005 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Most Likely Scenario: long positions above 1.4110 with targets @ 1.4285 & 1.4360 in extension.
Alternative scenario: below 1.4110 look for further downside with 1.4050 & 1.4005 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
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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.