Pivot: 1.2335


Our preference:

long positions above 1.2335 with targets at 1.2390 & 1.2430 in extension.


Alternative scenario:

below 1.2335 look for further downside with 1.2300 & 1.2270 as targets.


Comment:

a support base at 1.2335 has formed and has allowed for a temporary stabilisation. The pair is drawing a Falling Wedge: a bullish continuation pattern.


Supports and resistances:


1.2465

1.2430

1.2390


1.2355

Last

1.2335

1.2300

1.2270
































Kategori: ANALISA