reversal point is at 1,09
Our preference: SELL below 1,09 to target 1,083 and 1,081 points.
Alternative scenario: The upside breakout level of 1.09 will open the way to 1.0945 and 1.0985.
Analysis: As long as the asset is not struck up a resistance level of 1,09, remains a high probability of falling below 1,083.
Support and resistance levels:
1.0985
1.0945
1.090
The closing price of 1.0882
1.082
1.080
1.0775
Our preference: SELL below 1,09 to target 1,083 and 1,081 points.
Alternative scenario: The upside breakout level of 1.09 will open the way to 1.0945 and 1.0985.
Analysis: As long as the asset is not struck up a resistance level of 1,09, remains a high probability of falling below 1,083.
Support and resistance levels:
1.0985
1.0945
1.090
The closing price of 1.0882
1.082
1.080
1.0775