Date : 5 January 2021
Pivot point : 26.9600
Our preference : Long positions above 26.9600 with targets at 27.5700 & 27.8000 in extension.
Alternative scenario : Below 26.9600 look for further downside with 26.7300 & 26.5600 as targets.
Comment : Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances :
27.2210 – 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.