Preference
Long positions above 1.25082 expecting a rebound towards 0.83451 and 0.83638 in extension.
Alternative
If below 1.25082 look for further downside with 1.24589 and 1.243875 as targets.
Preference
Long positions above 0.83075 expecting a rebound towards 0.83451 and 0.83638 in extension.
Alternative
If below 0.83075 look for further downside with 0.82841 and 0.82629 as targets.
Preference
Long positions above 0.42937 with targets at 0.44005 and 0.44350 in extension.
Alternative
If below 0.42937 look for further downside with 0.42676 and 0.42355 as targets.
Preference
Long positions above 0.82926 with targets at 0.83638 and 0.83451 in extension.
Alternative
If below 0.82926 look for further downside with 0.82675 and 0.82546 as targets.
Preference:
Long positions above 0.90441 with targets at 0.90809 and 0.90971 in extension.
Alternative:
If price stays below 0.90441 look for further downside with 0.90193 & 0.90018 as targets.
Preference
Short positions below 0.62971 with targets at 0.62459 and 0.62313 in extension.
Alternative
If above 0.62971 look for further upside with 0.63103 and 0.63260 as targets.
Preference:
Short positions below 1.43895 with targets at 1.42608 and 1.42073 in extension.
As long as 1.43895 is resistance, look for choppy price action with a bearish bias.
Alternative:
If price stays above 1.43895, look for further upside with 1.44518 and 1.44873 as targets.
Preference:
Long positions above 0.62257 with targets at 0.6278 and 0.6303 in extension.
Alternative:
If close below 0.62257 look for further downside with 0.61978 & 0.61708 as targets.
