Date : 16 October 2020
Pivot point : 23.9400
Our preference : long positions above 23.9400 with targets at 24.4000 & 24.6300 in extension.
Alternative scenario : below 23.9400 look for further downside with 23.7500 & 23.5500 as targets.
Comment : even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances :
24.1640 – Last price
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.