Pivot: 1.2380


Our preference:

long positions above 1.2380 with targets at 1.2465 & 1.2495 in extension.


Alternative scenario:

below 1.2380 look for further downside with 1.2335 & 1.2300 as targets.


Comment:

the break above 1.2380 is a positive signal that has opened a path to 1.2465. The pair validated a Falling Wedge: a bullish continuation pattern calling for a resumption of the short-term up trend.


Supports and resistances:


1.2535

1.2495

1.2465


1.2422

Last

1.2380

1.2335

1.2300
































Kategori: ANALISA