The downside prevails.
(By Swissquote TRADING CENTRAL)
Pivot (invalidation): 0.7435
Our preference
Short positions below 0.7435 with targets at 0.7385 & 0.7365 in extension.
Alternative scenario
Above 0.7435 look for further upside with 0.7455 & 0.7480 as targets.
Comment
As Long as 0.7435 is resistance, look for choppy price action with a bearish bias.
