Synthesis
Pivot point : 1.0915
Our preference : short position below 1.0915 with targets at 1.0860 & 1.0840 in extension.
Alternative scenario : above 1.0915, aim for a continuation of the rise with 1.0935 & 1.0960 in sight.
Comment
The slide below 1.0915 constitutes a negative signal which has opened the way to 1.0860.
Tendency | Calculated data | ||
---|---|---|---|
Technical advice | Positive | Prices as of 03/15 | 1.0882 |
Basic trend | Bullish | Pivot | 1.0915 |
Bracket 1 | 1.0860 | Additional distance 1 | – 0.0022 |
Bracket 2 | 1.0840 | Additional distance 2 | – 0.0042 |
Resistance 1 | 1.0915 | Additional variation 1 | -0.20% |
Resistance 2 | 1.0935 | Additional variation 2 | -0.39% |
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