Pivot
1669.00
Our preference
Short positions below 1669.00 with targets at 1655.00 & 1649.00 in extension.
Alternative scenario
Above 1669.00 look for further upside with 1675.00 & 1680.00 as targets.
Comment
As long as 1669.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances
1680.00
1675.00
1669.00
1662.83 Last
1655.00
1649.00
1669.00
Our preference
Short positions below 1669.00 with targets at 1655.00 & 1649.00 in extension.
Alternative scenario
Above 1669.00 look for further upside with 1675.00 & 1680.00 as targets.
Comment
As long as 1669.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances
1680.00
1675.00
1669.00
1662.83 Last
1655.00
1649.00