Pivot: 1.05358 Z' F( w# }4 m- {/ @9 B# P# v
Our preference: Short positions below 1.0535 with targets @ 1.045 & 1.0375 in extension. 9 T: d# Y* B7 G `" hAlternative scenario: Above 1.0535 look for further upside with 1.0565 & 1.062 as targets. C' m& v' l( f9 E P6 wComment: the immediate trend remains down and the momentum is strong. # \5 M5 I' U G$ n; ^Pivot: 0.9242 ?1 F" Y7 C0 L" q4 o) [% b
Our preference: Long positions above 0.924 with targets @ 0.9305 & 0.934 in extension.! G2 H8 p2 D8 }) v4 |% u
Alternative scenario: Below 0.924 look for further downside with 0.92 & 0.918 as targets.# b& l$ z3 P' Z" m' ?4 {
Comment: the RSI advocates for further advance. . ^6 j/ \" I7 J WPivot: 1.5023 K. C6 o2 C' i; D9 t- b4 F6 c7 O
Our preference: Long positions above 1.502 with targets @ 1.509 & 1.511 in extension. 4 Y" Q! n( Y4 @* d" }% J0 h, w3 MAlternative scenario: Below 1.502 look for further downside with 1.499 & 1.496 as targets. % q& s4 x1 t$ R. q8 N" cComment: the pair has broken above its resistance and remains on the upside, the RSI is well directed.- { p4 r; i- I" Z6 J% i4 K
Pivot: 1.665 @& t+ u5 l" _5 q3 o; LOur preference: Long positions above 1.665 with targets @ 1.6725 & 1.6775 in extension.. n# ]9 l3 `& ~3 ?
Alternative scenario: Below 1.665 look for further downside with 1.66 & 1.656 as targets. $ l4 `% R, w% k9 wComment: the pair is on the upside and is challenging its resistance, a pull back should not be ruled out before a new up move.* z1 q. A8 h+ M( _0 |3 p
Pivot: 132.45 M9 f; c3 _: ]% N) e4 y
Our preference: Short positions below 132.45 with targets @ 131.85 & 131.5 in extension.! c p5 Y. G) X9 f5 d+ b
Alternative scenario: Above 132.45 look for further upside with 132.75 & 133.1 as targets.2 K! m2 a5 `; B1 w
Comment: the pair is challenging its resistance and should face a weakness towards its next support.# e- f# i' L; D+ K
Pivot: 88.15 0 S' [( h8 p" I$ Q" { t! e9 wOur preference: Short positions below 88.15 with targets @ 87.4 & 87.05 in extension. K! Z. p9 M2 [+ \* C6 Y
Alternative scenario: Above 88.15 look for further upside with 88.5 & 88.7 as targets. L5 L* l6 d$ A* P
Comment: the pair has broken below its bearish channel lower boundary and should face a further weakness.