Alternative scenario: below 1.9836, expect 1.9767 and 1.9726.
Alternative scenario: the downside breakout of 1.8597 would call for 1.8544 and 1.8513.
The MACD must break above its zero level to trigger further gains.
Alternative scenario: the downside breakout of 1.1219 would call for 1.1183 and 1.1161.
Alternative scenario: the downside breakout of 1.447 would call for 1.444 and 1.442.
The pair could retrace.
Alternative scenario: below 1.463, expect 1.457 and 1.454.
Alternative scenario: below 1.4687, expect 1.4644 and 1.4619.
Alternative scenario: the downside breakout of 0.8810 would call for 0.8780 and 0.8760.
The MACD is positive and above its signal line.
The MACD is above its signal line and positive.
Alternative scenario: the upside breakout of 0.6257 would call for 0.6286 and 0.6303.
The configuration is positive.
Alternative scenario: the downside breakout of 87.96 would call for 87.56 and 87.32.
Alternative scenario: the downside breakout of 0.8763 would call for 0.8741 and 0.8728.
Alternative scenario: the downside breakout of 143.94 would call for 143.22 and 142.80.
Alternative scenario: the downside breakout of 1.7431 would call for 1.7372 and 1.7337.
The MACD is positive and above its signal line.
Alternative scenario: the upside breakout of 0.6257 would call for 0.6285 and 0.6302.
Short positions below 1.0920 with targets at 1.0890 & 1.0875 in extension.
Long positions above 131.85 with targets at 132.60 & 133.10 in extension.
Long positions above 131.70 with targets at 132.35 & 132.60 in extension.
Short positions below 0.9070 with targets at 0.9030 & 0.9010 in extension.
Even as we await the pivotal US jobs report due later today (Friday, April 7), while noting that US ...
Alternative scenario: the downside breakout of 1.3276 would call for 1.3248 and 1.3231.
The MACD is negative and above its signal line.
Alternative scenario: the downside breakout of 0.6223 would call for 0.6195 and 0.6178.
Our preference: the upside prevails as long as 131.38 is support.