Pivot: 109.00
Most Likely Scenario: long positions above 109.00 with targets at 109.30 & 109.45 in extension.
Alternative scenario: below 109.00 look for further downside with 108.80 & 108.70 as targets.
Comment: the RSI lacks downward momentum.
Most Likely Scenario: long positions above 109.00 with targets at 109.30 & 109.45 in extension.
Alternative scenario: below 109.00 look for further downside with 108.80 & 108.70 as targets.
Comment: the RSI lacks downward momentum.
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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.