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| Pivot: 1.4385 Most Likely Scenario: short positions below 1.4385 with targets @ 1.4285 & 1.4240 in extension. Alternative scenario: above 1.4385 look for further upside with 1.4420 & 1.4440 as targets. Comment: as long as 1.4385 is resistance, look for choppy price action with a bearish bias. |
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| Pivot: 109.55 Most Likely Scenario: long positions above 109.55 with targets @ 111.05 & 111.40 in extension. Alternative scenario: below 109.55 look for further downside with 109.15 & 108.75 as targets. Comment: the RSI is well directed. |
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| Pivot: 0.7785 Most Likely Scenario: short positions below 0.7785 with targets @ 0.7730 & 0.7675 in extension. Alternative scenario: above 0.7785 look for further upside with 0.7830 & 0.7860 as targets. Comment: the RSI is mixed to bearish. |
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| Pivot: 1258.00 Most Likely Scenario: short positions below 1258.00 with targets @ 1242.00 & 1235.50 in extension. Alternative scenario: above 1258.00 look for further upside with 1270.50 & 1281.00 as targets. Comment: the RSI is mixed to bearish. |
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| Pivot: 42.90 Most Likely Scenario: long positions above 42.90 with targets @ 45.00 & 46.50 in extension. Alternative scenario: below 42.90 look for further downside with 41.40 & 40.00 as targets. Comment: a support base at 42.90 has formed and has allowed for a temporary stabilisation. |
