Pivot: 1.035 " c; F% z3 G# D) o) K+ N9 t- SOur preference: Long positions above 1.035 with targets @ 1.0425 & 1.0455 in extension.. _& X1 W0 `; |4 w- ?) Q# m
Alternative scenario: Below 1.035 look for further downside with 1.0315 & 1.0265 as targets.3 S( L6 O! g% [* V! o! I" L
Comment: the RSI broke above a bearish trend line.+ l5 e9 D& W8 s3 \; u' a1 q8 O
Pivot: 0.9185 7 F2 F* N6 t5 S! J+ ROur preference: Short positions below 0.9185 with targets @ 0.907 & 0.901 in extension.; l! Z( w9 X7 N9 N) I
Alternative scenario: Above 0.9185 look for further upside with 0.923 & 0.9325 as targets.' Y) D1 a/ Y& A2 {1 p
Comment: the RSI is capped by a bearish trend line.: B# X# t( D' p- o7 D) y
Pivot: 1.44150 F" F# Q9 }4 [1 a; @* Q- }- {
Our preference: Short positions below 1.4415 with targets @ 1.4325 & 1.4275 in extension.; x% }0 S% N r- f) D5 G$ @% t9 w
Alternative scenario: Above 1.4415 look for further upside with 1.4455 & 1.4485 as targets. / N7 f) D) N" M N! P% JComment: the RSI is bearish and calls for further decline./ U& ]$ { G( {: g. x- M1 Q) d
Pivot: 1.6095$ u; U5 y8 ]% X$ @
Our preference: Short positions below 1.6095 with targets @ 1.5925 & 1.5875 in extension.# n4 V1 f" @- c6 U& ]: ~
Alternative scenario: Above 1.6095 look for further upside with 1.615 & 1.6195 as targets.1 {5 p% i, P: t, h9 B
Comment: the RSI advocates for further downside.4 t$ M3 C0 ^0 T3 G; v0 v; e4 e
Pivot: 132.657 Y$ _( r2 u4 D+ m1 I# B" L
Our preference: Short positions below 132.65 with targets @ 131.5 & 131 in extension.: U# Z2 [7 C# M4 N- v. P
Alternative scenario: Above 132.65 look for further upside with 133.15 & 133.8 as targets. $ p4 b4 }7 w$ TComment: as long as the resistance at 132.65 is not surpassed, the risk of the break below 131.5 remains high. v; b' {$ Z* z: e
Pivot: 92.15 / O) c& d) D* qOur preference: Short positions below 92.15 with targets @ 91.1 & 90.6 in extension. $ W$ d; o: b, a8 L$ yAlternative scenario: Above 92.15 look for further upside with 92.65 & 92.95 as targets. 9 N; f' ]" _ I* w5 W7 D% HComment: the RSI has just banged against its neutrality area at 50% and is reversing down.