Pivot: 7275.00
Our preference:
short positions below 7275.00 with targets at 7145.00 & 7080.00 in extension.
Alternative scenario:
above 7275.00 look for further upside with 7324.00 & 7362.00 as targets.
Comment:
as long as the resistance at 7275.00 is not surpassed, the risk of the break below 7145.00 remains high.
Our preference:
short positions below 7275.00 with targets at 7145.00 & 7080.00 in extension.
Alternative scenario:
above 7275.00 look for further upside with 7324.00 & 7362.00 as targets.
Comment:
as long as the resistance at 7275.00 is not surpassed, the risk of the break below 7145.00 remains high.