Pivot: 7370.00
Our preference:
short positions below 7370.00 with targets at 7245.00 & 7210.00 in extension.
Alternative scenario:
above 7370.00 look for further upside with 7415.00 & 7440.00 as targets.
Comment:
as long as 7370.00 is resistance, look for choppy price action with a bearish bias.
Our preference:
short positions below 7370.00 with targets at 7245.00 & 7210.00 in extension.
Alternative scenario:
above 7370.00 look for further upside with 7415.00 & 7440.00 as targets.
Comment:
as long as 7370.00 is resistance, look for choppy price action with a bearish bias.