0
87
Pivot: 1.451 Most Likely Scenario: long positions above 1.451 with targets @ 1.46 & 1.4645 in extension. Alternative scenario: below 1.451 look for further downside with 1.445 & 1.44 as targets. Comment: a support base at 1.451 has formed and has allowed for a temporary stabilisation. |
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Pivot: 117.95 Most Likely Scenario: short positions below 117.95 with targets @ 117.15 & 116.7 in extension. Alternative scenario: above 117.95 look for further upside with 118.8 & 119.3 as targets. Comment: the upward potential is likely to be limited by the resistance at 117.95. |
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Pivot: 0.6955 Most Likely Scenario: long positions above 0.6955 with targets @ 0.704 & 0.7085 in extension. Alternative scenario: below 0.6955 look for further downside with 0.6925 & 0.69 as targets. Comment: a support base at 0.6955 has formed and has allowed for a temporary stabilisation. |
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Pivot: 1105 Most Likely Scenario: short positions below 1105 with targets @ 1091 & 1086 in extension. Alternative scenario: above 1105 look for further upside with 1114 & 1121 as targets. Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited. |
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Pivot: 32.3 Most Likely Scenario: short positions below 32.3 with targets @ 30 & 29.05 in extension. Alternative scenario: above 32.3 look for further upside with 33.78 & 35.15 as targets. Comment: the RSI is bearish and calls for further decline. |