Asian Indices delayed. US Indices updated twice daily at 7:30am and 7:30pm.
Update on supports and resistances.
|Short Term View
(Rise, Limited Rise, Consolidation, Limited Decline, Decline)
|Change In Short Term View||None|
|Medium Term View
(Bullish, Range, Bearish)
|Change In Medium Term View||None|
Our preference: Long positions above 1.21 with targets @ 1.4 & 1.485 in extension.
Alternative scenario: Below 1.21 look for further downside with 1.085 & 1.025 as targets.
Comment: the RSI is mixed with a bullish bias.
While reasonable efforts have been taken to ensure that the calculations performed by the features of this site are reliable, the features are provided on the basis that:-