Preference short positions below 1.2330 with targets at 1.2085 & 1.2010 in extension.
Above 1.2330 look for further upside with 1.2400 & 1.2485 as targets.
Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Risk management in priority.
Above 1.2330 look for further upside with 1.2400 & 1.2485 as targets.
Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Risk management in priority.
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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.