Long positions above 40990.00 with targets at 41450.00 & 41800.00 in extension.
Pivot: 40990.00
Our preference: long positions above 40990.00 with targets at 41450.00 & 41800.00 in extension.
Alternative scenario: below 40990.00 look for further downside with 40740.00 & 40450.00 as targets.
Comment: the RSI is above its neutrality area at 50%.
Supports and resistances:
42000.00
41800.00
41450.00
41271.00 Last
40990.00
40740.00
40450.00