Pivot
1658.00
Our preference
Short positions below 1658.00 with targets at 1641.00 & 1636.00 in extension.
Alternative scenario
Above 1658.00 look for further upside with 1664.00 & 1672.00 as targets.
Comment
As long as 1658.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances
1672.00
1664.00
1658.00
1654.40 Last
1641.00
1636.00
1630.00
1658.00
Our preference
Short positions below 1658.00 with targets at 1641.00 & 1636.00 in extension.
Alternative scenario
Above 1658.00 look for further upside with 1664.00 & 1672.00 as targets.
Comment
As long as 1658.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances
1672.00
1664.00
1658.00
1654.40 Last
1641.00
1636.00
1630.00