Pivot: 109.00
Most Likely Scenario: long positions above 109.00 with targets at 109.30 & 109.45 in extension.
Alternative scenario: below 109.00 look for further downside with 108.80 & 108.70 as targets.
Comment: the RSI lacks downward momentum.
Most Likely Scenario: long positions above 109.00 with targets at 109.30 & 109.45 in extension.
Alternative scenario: below 109.00 look for further downside with 108.80 & 108.70 as targets.
Comment: the RSI lacks downward momentum.