Pivot: 1.0965
Most Likely Scenario: Long positions above 1.0965 with targets @ 1.1055 & 1.11 in extension.
Alternative scenario: Below 1.0965 look for further downside with 1.091 & 1.0865 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Most Likely Scenario: Long positions above 1.0965 with targets @ 1.1055 & 1.11 in extension.
Alternative scenario: Below 1.0965 look for further downside with 1.091 & 1.0865 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
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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.