Date : 16 November 2021
Pivot point : 1855.00
Our preference : long positions above 1855.00 with targets at 1871.00 & 1880.00 in extension.
Alternative scenario : below 1855.00 look for further downside with 1850.00 & 1844.00 as targets.
Comment : even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances :
1862.70 – Last price
Warning : This information isn’t a buy-sell signal.
Source : Trading Central
If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.