Pivot: 77.50
Our preference:
long positions above 77.50 with targets at 80.30 & 81.25 in extension.
Alternative scenario:
below 77.00 look for further downside with 76.90 & 76.25 as targets.
Comment:
the RSI is above its neutrality area at 50%
Our preference:
long positions above 77.50 with targets at 80.30 & 81.25 in extension.
Alternative scenario:
below 77.00 look for further downside with 76.90 & 76.25 as targets.
Comment:
the RSI is above its neutrality area at 50%