FCAC 40 Index
Short
FRA40 Short
Pivot: 7387.00
Our preference:
short positions below 7387.00 with targets at 7310.00 & 7270.00 in extension.
Alternative scenario:
above 7387.00 look for further upside with 7415.00 & 7440.00 as targets.
Comment:
as long as 7387.00 is resistance, look for choppy price action with a bearish bias.
Our preference:
short positions below 7387.00 with targets at 7310.00 & 7270.00 in extension.
Alternative scenario:
above 7387.00 look for further upside with 7415.00 & 7440.00 as targets.
Comment:
as long as 7387.00 is resistance, look for choppy price action with a bearish bias.
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