Pivot (invalidation): 0.7040
Our preference
Short positions below 0.7040 with targets at 0.7015 & 0.7000 in extension.
Alternative scenario
Above 0.7040 look for further upside with 0.7055 & 0.7065 as targets.
Comment
The RSI lacks upward momentum.
Pivot (invalidation): 0.7040
Our preference
Short positions below 0.7040 with targets at 0.7015 & 0.7000 in extension.
Alternative scenario
Above 0.7040 look for further upside with 0.7055 & 0.7065 as targets.
Comment
The RSI lacks upward momentum.