Date : 3 August 2020
Pivot point : 1970.00
Our preference : long positions above 1970.00 with targets at 1981.50 & 1988.00 in extension.
Alternative scenario : below 1970.00 look for further downside with 1959.00 & 1951.50 as targets.
Comment : a support base at 1970.00 has formed and has allowed for a temporary stabilisation.
Supports and resistances :
1974.70 – 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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