Daily and weekly charts are also bearish.
Pivot
72.20
Our preference
Short positions below 72.20 with targets at 71.20 & 70.50 in extension.
Alternative scenario
Above 72.20 look for further upside with 72.80 & 73.40 as targets.
Comment
The RSI is below its neutrality area at 50%
72.20
Our preference
Short positions below 72.20 with targets at 71.20 & 70.50 in extension.
Alternative scenario
Above 72.20 look for further upside with 72.80 & 73.40 as targets.
Comment
The RSI is below its neutrality area at 50%
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