the pivot point is at a level of 1103.
Our preference: SELL below 1103 with target points 1085 and 1079.
Alternative scenario: break up the 1103 level will open the way to 1111 and 1119.
Analysis: RSI is losing its bullish momentum.
The levels of support and resistance:
1119
1111
1103
1093 the closing Price
1085
1079
1072
Our preference: SELL below 1103 with target points 1085 and 1079.
Alternative scenario: break up the 1103 level will open the way to 1111 and 1119.
Analysis: RSI is losing its bullish momentum.
The levels of support and resistance:
1119
1111
1103
1093 the closing Price
1085
1079
1072