Date : 24 August 2021
Pivot point : 1.1725
Our preference : long positions above 1.1725 with targets at 1.1750 & 1.1765 in extension.
Alternative scenario : below 1.1725 look for further downside with 1.1705 & 1.1690 as targets.
Comment : even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances :
1.1742 – Last price
Warning : This information isn’t a buy-sell signal.
Source : Trading Central
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