Pivot: 48.60
Most Likely Scenario: short positions below 48.60 with targets @ 47.50 & 47.10 in extension.
Alternative scenario: above 48.60 look for further upside with 49.30 & 50.00 as targets.
Comment: the RSI lacks upward momentum.
Most Likely Scenario: short positions below 48.60 with targets @ 47.50 & 47.10 in extension.
Alternative scenario: above 48.60 look for further upside with 49.30 & 50.00 as targets.
Comment: the RSI lacks upward momentum.