reversal point is at 0.991.
Our preference: Sell below 0.991 with targets 0.9815 and 0.9755 points.
Alternative scenario: The upside breakout level of 0.991 will open the way to 0.996 and 1.
Analysis: As long as the asset is not struck up a resistance level of 0.991, is still high probability of falling below 0.9815.
Support and resistance levels:
1 **
0.996 **
0.991 ***
The closing price of 0.9867
0.9815 ***
0.9755 ***
0.9705 ***
Our preference: Sell below 0.991 with targets 0.9815 and 0.9755 points.
Alternative scenario: The upside breakout level of 0.991 will open the way to 0.996 and 1.
Analysis: As long as the asset is not struck up a resistance level of 0.991, is still high probability of falling below 0.9815.
Support and resistance levels:
1 **
0.996 **
0.991 ***
The closing price of 0.9867
0.9815 ***
0.9755 ***
0.9705 ***