Our preference: as long as 0.6282 is support look for 0.6361.
Long positions above 1.2510 with targets at 1.2560 & 1.2580 in extension.
Long positions above 1.1030 with targets at 1.1100 & 1.1120 in extension.
Alternative scenario: the downside breakout of 165.42 would call for 164.79 and 164.41.
Alternative scenario: below 0.6281, expect 0.6251 and 0.6233.
Alternative scenario: the downside breakout of 1.3226 would call for 1.3199 and 1.3184.
Alternative scenario: the downside breakout of 1.3226 would call for 1.3199 and 1.3184.
Our preference: the upside prevails as long as 0.8807 is support.
The configuration is positive.
Alternative scenario: the downside breakout of 1.7475 would call for 1.7413 and 1.7376.
The pair could retrace.
Alternative scenario: the downside breakout of 0.8799 would call for 0.8778 and 0.8765.
Alternative scenario: the downside breakout of 89.56 would call for 89.12 and 88.87.
Alternative scenario: the downside breakout of 1.7481 would call for 1.7419 and 1.7382.
Alternative scenario: the downside breakout of 89.73 would call for 89.29 and 89.03.
Alternative scenario: the downside breakout of 1.0740 would call for 1.0710 and 1.0690.
Our preference: the upside prevails as long as 1.2496 is support.
Alternative scenario: the upside breakout of 132.98 would call for 133.48 and 133.78.
Our preference: the downside prevails as long as 100.91 is resistance.
The configuration is positive.
Alternative scenario: the upside breakout of 1.3378 would call for 1.3419 and 1.3443.
Alternative scenario: the downside breakout of 0.6763 would call for 0.6731 and 0.6712.
Alternative scenario: above 1.3235, look for 1.3261 and 1.3277.
Our preference: the downside prevails as long as 1.6324 is resistance.
Alternative scenario: the downside breakout of 0.9792 would call for 0.9767 and 0.9752.
Alternative scenario: the downside breakout of 89.61 would call for 89.17 and 88.92.
Our preference: the downside prevails as long as 1.0790 is resistance.
Alternative scenario: the upside breakout of 6.8852 would call for 6.9056 and 6.9178.
The MACD is above its signal line and positive.