Pivot (invalidation): 1.3290 Our preference Long positions above 1.3290 with targets at 1.3345 & 1.3375 in extension. Alternative scenario...
Pivot (invalidation): 0.9960 Our preference Long positions above 0.9960 with targets at 1.0000 & 1.0015 in extension. Alternative scenario...
Pivot (invalidation): 107.30 Our preference Short positions below 107.30 with targets at 106.95 & 106.70 in extension. Alternative scenario...
Pivot (invalidation): 1.2280 Our preference Long positions above 1.2280 with targets at 1.2325 & 1.2340 in extension. Alternative scenario...
Pivot (invalidation): 1.0940 Our preference Long positions above 1.0940 with targets at 1.0975 & 1.0990 in extension. Alternative scenario...
Stage One: Unconscious Incompetence. This is the first step you take when starting to look into trading. You know that its a good way of making money because you've heard so many things about it and heard of so many millionaires...
Pivot (invalidation): 54.40 Our preference Short positions below 54.40 with targets at 53.55 & 53.05 in extension. Alternative scenario...
Pivot (invalidation): 17.1500 Our preference Long positions above 17.1500 with targets at 17.3400 & 17.4500 in extension. Alternative scenario...
Pivot (invalidation): 1474.00 Our preference Long positions above 1474.00 with targets at 1482.00 & 1487.00 in extension. Alternative scenario...
Pivot (invalidation): 2950.00 Our preference Short positions below 2950.00 with targets at 2924.00 & 2912.00 in extension. Alternative scenario...
Pivot (invalidation): 12350.00 Our preference Short positions below 12350.00 with targets at 12240.00 & 12150.00 in extension. Alternative scenario...
Pivot (invalidation): 5.7000 Our preference Long positions above 5.7000 with targets at 5.7420 & 5.7650 in extension. Alternative scenario...
Pivot (invalidation): 0.6695 Our preference Long positions above 0.6695 with targets at 0.6735 & 0.6745 in extension. Alternative scenario...
Pivot (invalidation): 1.3230 Our preference Short positions below 1.3230 with targets at 1.3190 & 1.3175 in extension. Alternative scenario...
Pivot (invalidation): 0.9940 Our preference Short positions below 0.9940 with targets at 0.9915 & 0.9895 in extension. Alternative scenario...
Pivot (invalidation): 107.60 Our preference Long positions above 107.60 with targets at 108.00 & 108.15 in extension. Alternative scenario...
Pivot (invalidation): 1.2310 Our preference Short positions below 1.2310 with targets at 1.2265 & 1.2235 in extension. Alternative scenario...
Pivot (invalidation): 1.0925 Our preference Long positions above 1.0925 with targets at 1.0945 & 1.0960 in extension. Alternative scenario...
AUDUSD threatens further downside pressure as it sold off on Tuesday. On the downside, support lies at the 1.6650 level. A cut through here will turn focus to the 0.6600 level and then the 0.6550 level where a violation will set the stage for a retarget of the 0.6500 level...
