Long positions above 7.30 with targets at 7.75 & 8.05 in extension.

Pivot: 7.30

Our preference: long positions above 7.30 with targets at 7.75 & 8.05 in extension.

Alternative scenario: below 7.30 look for further downside with 7.04 & 6.72 as targets.

Comment: the RSI advocates for further upside.

Supports and resistances:
8.35 **
8.05 **
7.75 ***
7.59 Last
7.30 ***
7.04 ***
6.72 ***

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 02-08-2019 at 09:47 UTC+1
Price reference: 7.59 last known on 02-08-2019 at 09:47 UTC+1
Investment horizon: ST

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