Alternative scenario: below 0.6090, expect 0.6064 and 0.6048.
Alternative scenario: the upside breakout of 1.7300 would call for 1.7352 and 1.7384.
Alternative scenario: the upside breakout of 1.7300 would call for 1.7352 and 1.7384.
Alternative scenario: the downside breakout of 90.17 would call for 89.85 and 89.66.
The MACD is negative and below its signal line.
The break above the 50 area on the RSI should trigger further gains.
Long positions above 136.85 with targets at 137.55 & 137.90 in extension.
Long positions above 1.1815 with targets at 1.1860 & 1.1890 in extension.
Alternative scenario: the downside breakout of 1.3752 would call for 1.3707 and 1.3680.
The pair could retrace.
Our preference: the downside prevails as long as 0.6617 is resistance.
Alternative scenario: the downside breakout of 1.3505 would call for 1.3475 and 1.3456.
Alternative scenario: the downside breakout of 136.67 would call for 136.07 and 135.72.
Alternative scenario: the upside breakout of 84.04 would call for 84.35 and 84.54.
Alternative scenario: the downside breakout of 1.7901 would call for 1.7842 and 1.7807.
Our preference: our next up target stands at 1.1928.
Alternative scenario: below 1.9314, expect 1.9240 and 1.9197.
Alternative scenario: the upside breakout of 0.9949 would call for 0.9971 and 0.9985.
Long positions above 1.3735 with targets at 1.3800 & 1.3820 in extension.
Long positions above 0.9395 with targets at 0.9440 & 0.9460 in extension.
Short positions below 1.1860 with targets at 1.1800 & 1.1775 in extension.
Short positions below 137.45 with targets at 136.45 & 136.15 in extension.
Short positions below 1.0560 with targets at 1.0520 & 1.0490 in extension.
Long positions above 0.6565 with targets at 0.6635 & 0.6660 in extension.
But such a bullish technical signal may be well and truly lost amid the onslaught of macro events th...
Short positions below 137.65 with targets at 136.80 & 136.45 in extension.
Short positions below 0.6610 with targets at 0.6565 & 0.6550 in extension.
Short positions below 1.0560 with targets at 1.0520 & 1.0490 in extension.
Alternative scenario: the downside breakout of 0.9918 would call for 0.9896 and 0.9883.
Our preference: the upside prevails as long as 162.19 is support.