Pivot: 1.035 : `; g, e- @; \( s; f' _Our preference: Long positions above 1.035 with targets @ 1.0425 & 1.0455 in extension." ^: Z$ @7 W1 G) R9 T9 }9 H" t8 u
Alternative scenario: Below 1.035 look for further downside with 1.0315 & 1.0265 as targets.8 H( s9 v6 U2 s/ p; o
Comment: the RSI broke above a bearish trend line.- H9 A8 {2 C5 E* @3 [
Pivot: 0.9185 $ d/ J9 ?% V4 A/ @. O& q2 m$ HOur preference: Short positions below 0.9185 with targets @ 0.907 & 0.901 in extension. / S) Z4 g/ U3 MAlternative scenario: Above 0.9185 look for further upside with 0.923 & 0.9325 as targets.+ | Q0 F# @9 R
Comment: the RSI is capped by a bearish trend line. ; L+ `' U* c2 i* LPivot: 1.4415 $ K0 d' \6 {# r& L5 g. P3 }6 sOur preference: Short positions below 1.4415 with targets @ 1.4325 & 1.4275 in extension. # Z& w5 y( R* E7 v* {+ JAlternative scenario: Above 1.4415 look for further upside with 1.4455 & 1.4485 as targets.8 [9 l! a! h0 q5 S
Comment: the RSI is bearish and calls for further decline. % I4 v& p- I. q5 C. iPivot: 1.60951 L8 F: y7 c5 L5 b) z2 M
Our preference: Short positions below 1.6095 with targets @ 1.5925 & 1.5875 in extension. ' z5 T' |7 f( o1 L9 s! [Alternative scenario: Above 1.6095 look for further upside with 1.615 & 1.6195 as targets.) P& p [3 ~% h2 f3 ^
Comment: the RSI advocates for further downside.9 s( N$ k i& G: l
Pivot: 132.65! D6 C2 t: t/ G8 t- R( f3 J
Our preference: Short positions below 132.65 with targets @ 131.5 & 131 in extension. 5 Z. D& s. z p: S' YAlternative scenario: Above 132.65 look for further upside with 133.15 & 133.8 as targets. % `$ T6 J; W. N- K& CComment: as long as the resistance at 132.65 is not surpassed, the risk of the break below 131.5 remains high. . k. a4 H' V9 n1 _Pivot: 92.15+ X3 w4 U1 z3 y9 H3 a. q
Our preference: Short positions below 92.15 with targets @ 91.1 & 90.6 in extension.6 M z+ K5 _; Y- L# F
Alternative scenario: Above 92.15 look for further upside with 92.65 & 92.95 as targets.) m: ]- N6 w# @) g' L
Comment: the RSI has just banged against its neutrality area at 50% and is reversing down.