Pivot: 7300.00
Our preference:
short positions below 7300.00 with targets at 7226.00 & 7100.00 in extension.
Alternative scenario:
above 7300.00 look for further upside with 7320.00 & 7380.00 as targets.
Comment:
as long as 7300.00 is resistance, look for choppy price action with a bearish bias.
Our preference:
short positions below 7300.00 with targets at 7226.00 & 7100.00 in extension.
Alternative scenario:
above 7300.00 look for further upside with 7320.00 & 7380.00 as targets.
Comment:
as long as 7300.00 is resistance, look for choppy price action with a bearish bias.