Short positions below 40460.00 with targets at 39870.00 & 39460.00 in extension.
Pivot: 40460.00
Our preference: short positions below 40460.00 with targets at 39870.00 & 39460.00 in extension.
Alternative scenario: above 40460.00 look for further upside with 40760.00 & 40910.00 as targets.
Comment: the upward potential is likely to be limited by the resistance at 40460.00.
Supports and resistances:
40910.00
40760.00
40460.00
40324.00 Last
39870.00
39460.00
38960.00