Alternative scenario: the downside breakout of 0.6639 would call for 0.6609 and 0.6591.
Alternative scenario: the downside breakout of 81.52 would call for 81.17 and 80.96.
Our preference: as long as 1.9696 is support look for 1.9904.
Alternative scenario: the downside breakout of 132.04 would call for 131.47 and 131.12.
Alternative scenario: below 1.8277, expect 1.8222 and 1.8190.
The MACD is below its signal line and negative.
The pair could retrace.
Short positions below 103.5500 with targets at 103.0000 & 102.8000 in extension.
Short positions below 1.3700 with targets at 1.3650 & 1.3620 in extension.
Short positions below 0.9310 with targets at 0.9235 & 0.9210 in extension.
Short positions below 1.2265 with targets at 1.2225 & 1.2200 in extension.
Long positions above 131.55 with targets at 132.65 & 133.35 in extension.
Long positions above 1.0725 with targets at 1.0780 & 1.0805 in extension.
Short positions below 0.6705 with targets at 0.6665 & 0.6645 in extension.
Alternative scenario: the upside breakout of 0.6215 would call for 0.6243 and 0.6260.
Alternative scenario: above 1.3395, look for 1.3422 and 1.3438.
Alternative scenario: the downside breakout of 87.97 would call for 87.57 and 87.33.
Asian markets rose on Tuesday after Wall Street staged a rebound overnight as the historic takeover ...
Short positions below 1.3700 with targets at 1.3650 & 1.3620 in extension.
Short positions below 103.5500 with targets at 103.2000 & 103.0000 in extension.
Long positions above 0.9280 with targets at 0.9325 & 0.9340 in extension.
Long positions above 1.2235 with targets at 1.2285 & 1.2300 in extension.
Short positions below 131.85 with targets at 130.90 & 130.50 in extension.
Long positions above 1.0690 with targets at 1.0735 & 1.0760 in extension.
Short positions below 0.6730 with targets at 0.6665 & 0.6645 in extension.
Alternative scenario: the downside breakout of 0.9945 would call for 0.9923 and 0.9911.
Short positions below 103.5500 with targets at 103.2000 & 103.0000 in extension.
Short positions below 0.6920 with targets at 0.6560 & 0.6420 in extension.
Short positions below 1.3700 with targets at 1.3650 & 1.3620 in extension.
Short positions below 0.6730 with targets at 0.6665 & 0.6645 in extension.