Pivot: 1.035 " r6 o' N' Q$ w& U$ q3 F2 EOur preference: Long positions above 1.035 with targets @ 1.0425 & 1.0455 in extension. + I6 z# R3 M: ^* J: KAlternative scenario: Below 1.035 look for further downside with 1.0315 & 1.0265 as targets.0 U! c& L; P5 ]5 M& x
Comment: the RSI broke above a bearish trend line.5 O1 P" `( T4 M+ B3 d0 K
Pivot: 0.9185 4 s1 r0 J. V/ _0 tOur preference: Short positions below 0.9185 with targets @ 0.907 & 0.901 in extension.! T* A# T9 ?* a
Alternative scenario: Above 0.9185 look for further upside with 0.923 & 0.9325 as targets. % f- n. Q9 s& a2 q. @# a9 s2 }Comment: the RSI is capped by a bearish trend line. , T! _" ~& y9 o) ~Pivot: 1.4415 ]7 j; a* g- b' X/ ^+ |* Q5 B
Our preference: Short positions below 1.4415 with targets @ 1.4325 & 1.4275 in extension.5 r$ K _: q. N# @
Alternative scenario: Above 1.4415 look for further upside with 1.4455 & 1.4485 as targets. . B5 V$ z L6 v* _3 q" YComment: the RSI is bearish and calls for further decline. ! c' _6 n0 F7 G+ nPivot: 1.6095- H4 u# ~6 U7 p2 c2 @5 ^+ b/ z
Our preference: Short positions below 1.6095 with targets @ 1.5925 & 1.5875 in extension. 2 O) {. R+ k" N) E8 N) [1 S0 KAlternative scenario: Above 1.6095 look for further upside with 1.615 & 1.6195 as targets. ! y- b2 Y! U) o4 `3 n4 j* IComment: the RSI advocates for further downside. 9 I- h7 W- _8 [7 u1 aPivot: 132.65 / V/ V/ e' V3 W0 w% y6 `0 |! zOur preference: Short positions below 132.65 with targets @ 131.5 & 131 in extension. 9 X3 F: \4 I5 c2 YAlternative scenario: Above 132.65 look for further upside with 133.15 & 133.8 as targets.! N4 ^. V5 w7 J4 h
Comment: as long as the resistance at 132.65 is not surpassed, the risk of the break below 131.5 remains high. ! ] z. F/ P$ J$ S! T
Pivot: 92.15 + _; W5 e( O7 Z+ ?9 ~# }, fOur preference: Short positions below 92.15 with targets @ 91.1 & 90.6 in extension. / m7 y: I( m) x1 b3 v( YAlternative scenario: Above 92.15 look for further upside with 92.65 & 92.95 as targets. " `: T5 t! G) R4 ]& A, l7 @$ H3 oComment: the RSI has just banged against its neutrality area at 50% and is reversing down.