Pivot point: 95.85
The expected scenario: Entering short deals below the 95.85 levels, targeting the 95.30 levels.
Alternative scenario: Entering long positions at the highest levels of 95.85, targeting levels of 96.35.
Commentary: The price is expected to witness the first correction wave before resuming the descending journey again, especially in light of the price being below the 100-50 moving averages, noting The occurrence of a death cross, where the average of 50 crossed below the average of 100, taking into account the presence of the liquidity flow indicator in oversold areas, which suggests the correction wave at the opening.
