Alternative scenario: the upside breakout of 132.94 would call for 133.47 and 133.78.
Our preference: as long as 82.70 is support look for 83.56.
Alternative scenario: the downside breakout of 163.57 would call for 162.91 and 162.52.
Alternative scenario: the upside breakout of 1.9838 would call for 1.9912 and 1.9956.
Our preference: the downside prevails as long as 1.7460 is resistance.
Alternative scenario: the downside breakout of 1.8413 would call for 1.8359 and 1.8327.
Alternative scenario: the downside breakout of 1.2349 would call for 1.2305 and 1.2279.
Alternative scenario: the downside breakout of 1.2349 would call for 1.2305 and 1.2279.
Our preference: the downside prevails as long as 132.85 is resistance.
Alternative scenario: the downside breakout of 1.2341 would call for 1.2297 and 1.2271.
The MACD is positive and below its signal line.
Alternative scenario: the downside breakout of 101.61 would call for 101.33 and 101.16.
Alternative scenario: the downside breakout of 1.0866 would call for 1.0836 and 1.0818.
Alternative scenario: the downside breakout of 1.3499 would call for 1.3461 and 1.3439.
The pair could retrace.
Alternative scenario: the upside breakout of 1.3301 would call for 1.3330 and 1.3348.
Alternative scenario: below 82.56, expect 82.24 and 82.04.
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Short positions below 102.5000 with targets at 102.0500 & 101.9000 in extension.
Short positions below 1.3555 with targets at 1.3510 & 1.3490 in extension.
Short positions below 0.9180 with targets at 0.9115 & 0.9090 in extension.
Long positions above 1.2315 with targets at 1.2400 & 1.2445 in extension.
Long positions above 132.20 with targets at 132.90 & 133.20 in extension.
Long positions above 1.0870 with targets at 1.0930 & 1.0970 in extension.
Long positions above 0.6685 with targets at 0.6720 & 0.6740 in extension.
Short positions below 1.3580 with targets at 1.3530 & 1.3510 in extension.