Pivot (invalidation): 11880.00
Long positions above 11880.00 with targets at 12040.00 & 12095.00 in extension.
Below 11880.00 look for further downside with 11800.00 & 11720.00 as targets.
The RSI calls for a new upleg.
The upside prevails.
Pivot (invalidation): 2875.00
Long positions above 2875.00 with targets at 2898.00 & 2911.00 in extension.
Below 2875.00 look for further downside with 2866.00 & 2854.00 as targets.
The RSI is supported by a rising trend line.
This report has been prepared by AC Markets and is solely been published for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any currency or any other financial instrument. Views expressed in this report may be subject to change without prior notice and may differ or be contrary to opinions expressed by AC Markets personnel at any given time. ACM is under no obligation to update or keep current the information herein, the report should not be regarded by recipients as a substitute for the exercise of their own judgment.