Pivot (invalidation): 0.9930
Our preference Long positions above 0.9930 with targets at 0.9975 & 0.9995 in extension.
Alternative scenario Below 0.9930 look for further downside with 0.9915 & 0.9895 as targets.
Comment The RSI calls for a new upleg.
Pivot (invalidation): 111.10
Our preference Long positions above 111.10 with targets at 111.65 & 111.85 in extension.
Alternative scenario Below 111.10 look for further downside with 110.75 & 110.55 as targets.
Comment Technically the RSI is above its neutrality area at 50.
Pivot (invalidation): 1.2735
Our preference Short positions below 1.2735 with targets at 1.2670 & 1.2640 in extension.
Alternative scenario Above 1.2735 look for further upside with 1.2780 & 1.2820 as targets.
Comment The RSI is bearish and calls for further downside.
Pivot (invalidation): 1.1380
Our preference Short positions below 1.1380 with targets at 1.1290 & 1.1250 in extension.
Alternative scenario Above 1.1380 look for further upside with 1.1430 & 1.1480 as targets.
Comment The RSI has broken down its 30 level.
Pivot (invalidation): 6055
Our preference Long positions above 6055 with targets at 6455 & 6630 in extension.
Alternative scenario Below 6055 look for further downside with 5885 & 5700 as targets.
Comment The RSI is bullish and calls for further upside
Pivot (invalidation): 67.50
Our preference Short positions below 67.50 with targets at 66.10 & 65.70 in extension.
Alternative scenario Above 67.50 look for further upside with 67.95 & 68.35 as targets.
Comment The RSI advocates for further downside
Pivot (invalidation): 15.0700
Our preference Short positions below 15.0700 with targets at 14.8600 & 14.8000 in extension.
Alternative scenario Above 15.0700 look for further upside with 15.1500 & 15.2400 as targets.
Comment The RSI is bearish and calls for further downside
Pivot (invalidation): 1195.00
Our preference Short positions below 1195.00 with targets at 1184.00 & 1181.00 in extension.
Alternative scenario Above 1195.00 look for further upside with 1198.00 & 1202.00 as targets.
Comment The RSI has broken down its 30 level
Pivot (invalidation): 1.1310
Our preference Short positions below 1.1310 with targets at 1.1260 & 1.1220 in extension.
Alternative scenario Above 1.1310 look for further upside with 1.1345 & 1.1375 as targets.
Comment A break below 1.1260 would trigger a drop towards 1.1220
Pivot (invalidation): 0.8935
Our preference Short positions below 0.8935 with targets at 0.8905 & 0.8890 in extension.
Alternative scenario Above 0.8935 look for further upside with 0.8960 & 0.8980 as targets.
Comment A break below 0.8905 would trigger a drop towards 0.8890