Alternative scenario: the upside breakout of 1.7412 would call for 1.7465 and 1.7497.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line.
Alternative scenario: the downside breakout of 0.6201 would call for 0.6172 and 0.6156.
Alternative scenario: the downside breakout of 87.05 would call for 86.65 and 86.42.
Alternative scenario: the upside breakout of 0.8800 would call for 0.8823 and 0.8836.
Short positions below 0.9170 with targets at 0.9120 & 0.9100 in extension.
Short positions below 0.9175 with targets at 0.9140 & 0.9120 in extension.
Short positions below 131.75 with targets at 131.00 & 130.70 in extension.
Long positions above 1.2260 with targets at 1.2310 & 1.2340 in extension.
Long positions above 1.0775 with targets at 1.0820 & 1.0845 in extension.
Short positions below 103.0500 with targets at 102.7000 & 102.5000 in extension.
The MACD must break above its zero level to trigger further gains.
Our preference: the downside prevails as long as 1.3332 is resistance.
Alternative scenario: the downside breakout of 1.7376 would call for 1.7323 and 1.7291.
Alternative scenario: the downside breakout of 160.99 would call for 160.29 and 159.87.
Alternative scenario: the downside breakout of 0.8767 would call for 0.8744 and 0.8731.
Alternative scenario: the downside breakout of 131.10 would call for 130.53 and 130.19.
Alternative scenario: the downside breakout of 81.19 would call for 80.84 and 80.63.
Alternative scenario: below 1.2231, expect 1.2182 and 1.2153.
Our preference: as long as 1.9760 is support look for 1.9973.
The configuration is positive.
Our preference: the upside prevails as long as 1.8425 is support.
Short positions below 103.3000 with targets at 102.8300 & 102.6500 in extension.
Short positions below 1.3745 with targets at 1.3685 & 1.3665 in extension.
Short positions below 0.9205 with targets at 0.9150 & 0.9130 in extension.
Long positions above 1.2210 with targets at 1.2290 & 1.2310 in extension.
Long positions above 130.80 with targets at 132.00 & 132.40 in extension.
Long positions above 1.0740 with targets at 1.0800 & 1.0820 in extension.
Long positions above 0.6625 with targets at 0.6670 & 0.6695 in extension.
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