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Pivot: 1.432 Most Likely Scenario: short positions below 1.432 with targets @ 1.4225 & 1.4185 in extension. Alternative scenario: above 1.432 look for further upside with 1.436 & 1.44 as targets. Comment: a break below 1.4225 would trigger a drop towards 1.4185. |
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Pivot: 117.2 Most Likely Scenario: long positions above 117.2 with targets @ 117.95 & 118.35 in extension. Alternative scenario: below 117.2 look for further downside with 116.85 & 116.5 as targets. Comment: technically the RSI is above its neutrality area at 50. |
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Pivot: 0.6915 Most Likely Scenario: short positions below 0.6915 with targets @ 0.685 & 0.6825 in extension. Alternative scenario: above 0.6915 look for further upside with 0.696 & 0.7 as targets. Comment: the RSI lacks upward momentum. |
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Pivot: 1085 Most Likely Scenario: long positions above 1085 with targets @ 1097 & 1106 in extension. Alternative scenario: below 1085 look for further downside with 1080 & 1076 as targets. Comment: the RSI is mixed with a bullish bias. |
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Pivot: 30 Most Likely Scenario: short positions below 30 with targets @ 28.35 & 28 in extension. Alternative scenario: above 30 look for further upside with 30.75 & 31.6 as targets. Comment: as long as 30 is resistance, look for choppy price action with a bearish bias. |