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.
Alternative scenario: the upside breakout of 1.7567 would call for 1.7629 and 1.7666.
Short positions below 101.4000 with targets at 100.7000 & 100.5000 in extension.
Short positions below 1.3425 with targets at 1.3350 & 1.3335 in extension.
Short positions below 0.8950 with targets at 0.8850 & 0.8800 in extension.
Long positions above 1.2470 with targets at 1.2540 & 1.2570 in extension.
Short positions below 132.95 with targets at 131.80 & 131.50 in extension.
Long positions above 1.1005 with targets at 1.1080 & 1.1110 in extension.
Long positions above 0.6720 with targets at 0.6780 & 0.6795 in extension.
Markets love round numbers! They act as important psychological markers and can prompt strong reacti...
Short positions below 1.3425 with targets at 1.3370 & 1.3350 in extension.
Short positions below 101.6000 with targets at 101.2000 & 101.0500 in extension.
Short positions below 0.8950 with targets at 0.8895 & 0.8870 in extension.
Long positions above 1.2470 with targets at 1.2530 & 1.2570 in extension.