Pivot: 0.7930
Our preference: short positions below 0.7930 with targets @ 0.7860 & 0.7840 in extension.
Alternative scenario: above 0.7930 look for further upside with 0.7950 & 0.7980 as targets.
Comment: as long as 0.7930 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
0.7980 ***
0.7950 ***
0.7930 ***
0.79037 Last
0.7860 ***
0.7840 ***
0.7820 ***
Our preference: short positions below 0.7930 with targets @ 0.7860 & 0.7840 in extension.
Alternative scenario: above 0.7930 look for further upside with 0.7950 & 0.7980 as targets.
Comment: as long as 0.7930 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
0.7980 ***
0.7950 ***
0.7930 ***
0.79037 Last
0.7860 ***
0.7840 ***
0.7820 ***
