Date : 17 May 2021
Pivot point : 1.4070
Our preference : long positions above 1.4070 with targets at 1.4105 & 1.4125 in extension.
Alternative scenario : below 1.4070 look for further downside with 1.4050 & 1.4035 as targets.
Comment : even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances :
1.4085 – Last price
Warning : This information isn’t a buy-sell signal.
Source : Trading Central
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