Daily Technical Levels.
Our preference: Short Positions below 50.10 with targets @ 49.70 & 49.30 in extension.
Alternative scenario: Long above 50.90 look for further upside with 51.35 & 51.70 as targets.
Comment: As long as 50.90 is resistance, look for choppy price action with a bearish bias.
Risk Warning: Trading Forex and CFDs involves high level of risk factor and can result in losing entire investment and
it will not fit every investor. Advisable to understand the risks involved before investing. Trade only with the capital for
which you are prepared to lose and select leverage considering the consequences. Please read our complete ‘Risk