40
Magia
the pivot point is at the level 1,075

Our preference: SELL below 1,073 with target points 1,0625 and 1.06.

Alternative scenario: break up the level 1,073 will open the way to 1,077 and distributed among 1.083.

Analysis: the RSI is mixed, but rather bearish.

The levels of support and resistance:
Distributed among 1.083 **
1,077
1,073
1,0664 closing Price
1,0625
1,06
1,056
After the breakdown of important support levels the downward movement was resumed.

When the reversal is not clear yet. Everything will depend on today's inflation data in the US.

Correction to 1.0683 and 1.0710 will return in a seller's market. Particularly yourself can show the level of 1.0730.

If the downward movement continues, the movement will 1.0637, and will buy watch from 1,060 new.

The market is still undecided, move down, or up..
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