Pivot: 7420.00
Our preference:
long positions above 7420.00 with targets at 7507.00 & 7555.00 in extension.
Alternative scenario:
below 7420.00 look for further downside with 7354.00 & 7300.00 as targets.
Comment:
the RSI is above its neutrality area at 50%.
Our preference:
long positions above 7420.00 with targets at 7507.00 & 7555.00 in extension.
Alternative scenario:
below 7420.00 look for further downside with 7354.00 & 7300.00 as targets.
Comment:
the RSI is above its neutrality area at 50%.