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The upside prevails as long as 63,338 is support, with 65,347 and 65,921 as targets
Our pivot point is at 63,338.
Our preference: The upside prevails as long as 63,338 is support, with 65,347 and 65,921 as targets
Alternative scenario: below 63,338, expect 62,376 and 61,803.
Comment: The chart structure suggests the instrument is coiling ahead of a potentially significant move.
Supports and resistances:
66,495 *
65,921 **
65,347
64,691 last
63,338 **
62,376 *
61,803 **
Our preference: The upside prevails as long as 63,338 is support, with 65,347 and 65,921 as targets
Alternative scenario: below 63,338, expect 62,376 and 61,803.
Comment: The chart structure suggests the instrument is coiling ahead of a potentially significant move.
Supports and resistances:
66,495 *
65,921 **
65,347
64,691 last
63,338 **
62,376 *
61,803 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
