Date : 1 May 2020
Pivot point : 1697.00
Our preference : short positions below 1697.00 with targets at 1679.00 & 1670.00 in extension.
Alternative scenario : above 1697.00 look for further upside with 1707.00 & 1715.00 as targets.
Comment : technically the RSI is below its neutrality area at 50.
Supports and resistances :
1687.40 – Last price
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
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FBS : Daily trading plan for March 5, 2021 (USD rose after Fed’s speech, oil jumped on OPEC cuts. NFP is eyed)