Pivot (invalidation): 5.7200 Our preference Short positions below 5.7200 with targets at 5.6950 & 5.6790 in extension. Alternative scenario Above 5.7200 look for further upside with 5.7330 & 5.7580 as targets...
Pivot (invalidation): 0.7045 Our preference Short positions below 0.7045 with targets at 0.7020 & 0.7010 in extension. Alternative scenario Above 0.7045 look for further upside with 0.7060 & 0.7080 as targets...
Pivot (invalidation): 1.3035 Our preference Long positions above 1.3035 with targets at 1.3070 & 1.3085 in extension. Alternative scenario Below 1.3035 look for further downside with 1.3015 & 1.3000 as targets...
Pivot (invalidation): 0.9835 Our preference Long positions above 0.9835 with targets at 0.9855 & 0.9875 in extension. Alternative scenario Below 0.9835 look for further downside with 0.9815 & 0.9805 as targets...
Pivot (invalidation): 107.80 Our preference Long positions above 107.80 with targets at 108.10 & 108.25 in extension. Alternative scenario Below 107.80 look for further downside with 107.55 & 107.35 as targets...
Pivot (invalidation): 1.2535 Our preference Short positions below 1.2535 with targets at 1.2495 & 1.2475 in extension. Alternative scenario Above 1.2535 look for further upside with 1.2560 & 1.2580 as targets...
Pivot (invalidation): 1.1270 Our preference Short positions below 1.1270 with targets at 1.1250 & 1.1240 in extension. Alternative scenario Above 1.1270 look for further upside with 1.1285 & 1.1305 as targets...
These are the reasons that AUDJPY has a possibity to turn down or at least retrace: 1. Decreasing up volume waves 2. Hit Resistance 3. False Break on Resistance level 4. Hard time to go up to hit Resistance again which also happens to be a Fib - High Speed Index of 17.1 on Fib hit...
NZDUSD faces more strength on corrective upside pressure as more gain is likely in the days ahead. Resistance comes in at the 0.6750 level where a break will turn attention to the 0.6800 level. A break of here will have to happen to create scope for a move higher towards the 0.6850 level...
Pivot (invalidation): 60.60 Our preference Short positions below 60.60 with targets at 59.30 & 58.90 in extension. Alternative scenario Above 60.60 look for further upside with 60.95 & 61.40 as targets...
Pivot (invalidation): 15.1500 Our preference Long positions above 15.1500 with targets at 15.2500 & 15.3000 in extension. Alternative scenario Below 15.1500 look for further downside with 15.0700 & 15.0200 as targets...
Pivot (invalidation): 1409.00 Our preference Long positions above 1409.00 with targets at 1419.00 & 1424.00 in extension. Alternative scenario Below 1409.00 look for further downside with 1405.00 & 1400.50 as targets...
Pivot (invalidation): 3000.00 Our preference Long positions above 3000.00 with targets at 3025.50 & 3036.00 in extension. Alternative scenario Below 3000.00 look for further downside with 2988.00 & 2973.00 as targets...
Pivot (invalidation): 12387.00 Our preference Short positions below 12387.00 with targets at 12270.00 & 12200.00 in extension. Alternative scenario Above 12387.00 look for further upside with 12450.00 & 12490.00 as targets...
Pivot (invalidation): 5.7030 Our preference Long positions above 5.7030 with targets at 5.7330 & 5.7580 in extension. Alternative scenario Below 5.7030 look for further downside with 5.6900 & 5.6700 as targets...
Pivot (invalidation): 0.7010 Our preference Long positions above 0.7010 with targets at 0.7045 & 0.7060 in extension. Alternative scenario Below 0.7010 look for further downside with 0.6995 & 0.6980 as targets...
Pivot (invalidation): 1.3045 Our preference Short positions below 1.3045 with targets at 1.3020 & 1.3010 in extension. Alternative scenario Above 1.3045 look for further upside with 1.3055 & 1.3070 as targets...
Pivot (invalidation): 0.9860 Our preference Short positions below 0.9860 with targets at 0.9835 & 0.9820 in extension. Alternative scenario Above 0.9860 look for further upside with 0.9880 & 0.9895 as targets...
Pivot (invalidation): 107.80 Our preference Long positions above 107.80 with targets at 108.25 & 108.45 in extension. Alternative scenario Below 107.80 look for further downside with 107.55 & 107.35 as targets...
