The MACD is above its signal line and negative.
The configuration is positive.
Alternative scenario: the downside breakout of 162.86 would call for 162.07 and 161.61.
Our preference: the downside prevails as long as 0.8858 is resistance.
The MACD is positive and above its signal line.
The configuration is negative.
Alternative scenario: below 1.5675, expect 1.5623 and 1.5592.
Alternative scenario: the downside breakout of 91.58 would call for 91.16 and 90.91.
Long positions above 1.3590 with targets at 1.3640 & 1.3655 in extension.
Long positions above 104.6500 with targets at 104.9500 & 105.2000 in extension.
Short positions below 0.9410 with targets at 0.9365 & 0.9350 in extension.
Long positions above 1.1955 with targets at 1.2015 & 1.2045 in extension.
Short positions below 136.50 with targets at 135.70 & 135.25 in extension.
Long positions above 0.6735 with targets at 0.6770 & 0.6785 in extension.
Short positions below 1.0630 with targets at 1.0580 & 1.0565 in extension.
Alternative scenario: below 1.3439, expect 1.3411 and 1.3394.
The pair could retrace.
Alternative scenario: the upside breakout of 92.43 would call for 92.85 and 93.10.
Alternative scenario: the upside breakout of 0.8869 would call for 0.8891 and 0.8903.
Alternative scenario: the upside breakout of 145.14 would call for 145.71 and 146.04.
Alternative scenario: the downside breakout of 162.74 would call for 161.96 and 161.49.
Alternative scenario: the downside breakout of 1.6993 would call for 1.6936 and 1.6903.
Alternative scenario: the upside breakout of 0.9981 would call for 1.0004 and 1.0018.
em>The award-winning broker brings markets closer to its clients with the use of artificial intel...
Short positions below 1.3590 with targets at 1.3535 & 1.3515 in extension.
Long positions above 104.6500 with targets at 104.9500 & 105.2000 in extension.
The FX world could see some heightened volatility if the US Dollar receives a double boost, along wi...
Long positions above 104.6500 with targets at 104.9500 & 105.2000 in extension.
Short positions below 1.3600 with targets at 1.3560 & 1.3535 in extension.