XRMUSDT - Intraday - We look to Sell at 228.5 (stop at 238.2)
Pivot resistance is at 229.0.
Preferred trade is to sell into rallies.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Our outlook is bearish.
Our profit targets will be 202.8 and 193.7
Resistance: 225.0 / 230.0 / 235.0
Support: 213.0 / 205.0 / 200.0
Pivot resistance is at 229.0.
Preferred trade is to sell into rallies.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Our outlook is bearish.
Our profit targets will be 202.8 and 193.7
Resistance: 225.0 / 230.0 / 235.0
Support: 213.0 / 205.0 / 200.0
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Expired intraday
