Our Preference: SHORT positions below 28.9 with targets @
28.1 & 27.8.
Alternative scenario: The upside penetration of 28.9 will call for a rebound towards 29.15 & 29.45.
Comment: as long as the resistance at 28.9 is not surpassed, the risk of the break below 28.1 remains high.
Trend: ST Consolidation; MT Bullish
Alternative scenario: The upside penetration of 28.9 will call for a rebound towards 29.15 & 29.45.
Comment: as long as the resistance at 28.9 is not surpassed, the risk of the break below 28.1 remains high.
Trend: ST Consolidation; MT Bullish
Our Preference: SHORT positions below 1577 with targets @ 1553 & 1540.
Alternative scenario: The upside penetration of 1577 will call for a rebound towards 1590 & 1601.
Comment: the RSI advocates for further downside.
Trend: ST Consolidation; MT Bullish
Alternative scenario: The upside penetration of 1577 will call for a rebound towards 1590 & 1601.
Comment: the RSI advocates for further downside.
Trend: ST Consolidation; MT Bullish
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