Pivot: 44.40
Most Likely Scenario: long positions above 44.40 with targets @ 46.00 & 46.90 in extension.
Alternative scenario: below 44.40 look for further downside with 43.85 & 43.30 as targets.
Comment: a support base at 44.40 has formed and has allowed for a temporary stabilisation.
Most Likely Scenario: long positions above 44.40 with targets @ 46.00 & 46.90 in extension.
Alternative scenario: below 44.40 look for further downside with 43.85 & 43.30 as targets.
Comment: a support base at 44.40 has formed and has allowed for a temporary stabilisation.
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Related publications
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.