Our preference: short positions below 0.7844 with targets at 0.7792 & 0.7777 in extension.
Alternative scenario: above 0.7844 look for further upside with 0.7863 & 0.7875 as targets.
Comment: the break below the support at 0.7844 triggered a downward acceleration to 0.7777.
Alternative scenario: above 0.7844 look for further upside with 0.7863 & 0.7875 as targets.
Comment: the break below the support at 0.7844 triggered a downward acceleration to 0.7777.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.