Date : 18 June 2020
Pivot point : 17.3100
Our preference : long positions above 17.3100 with targets at 17.6000 & 17.7500 in extension.
Alternative scenario : below 17.3100 look for further downside with 17.1400 & 16.9300 as targets.
Comment : even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances :
17.4675 – 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.