Pivot: 64.05

Our preference: long positions above 64.05 with targets at 64.50 & 64.75 in extension.

Alternative scenario: below 64.05 look for further downside with 63.70 & 63.50 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited. The key support level at 64.05 should limit the downside room.

Chart Caption
    Green Lines Represent Resistances
    Red Lines Represent Support Levels
    Light Blue is a Pivot Point
    Black represents the price when the report was produced

Kategori: Analisa