


TheConcierge
Pivot: 1.1250 Most Likely Scenario: short positions below 1.1250 with targets @ 1.1185 & 1.1160 in extension. Alternative scenario: above 1.1250 look for further upside with 1.1280 & 1.1305 as targets. Comment: a break below 1.1185 would trigger a drop towards 1.1160.
Pivot: 49.30 Most Likely Scenario: short positions below 49.30 with targets @ 48.00 & 47.50 in extension. Alternative scenario: above 49.30 look for further upside with 50.00 & 50.35 as targets. Comment: the RSI lacks upward momentum.
Pivot: 1272.00 Most Likely Scenario: long positions above 1272.00 with targets @ 1293.00 & 1303.00 in extension. Alternative scenario: below 1272.00 look for further downside with 1257.00 & 1246.00 as targets. Comment: a support base at 1272.00 has formed and has allowed for a temporary stabilisation.
Pivot: 0.7420 Most Likely Scenario: short positions below 0.7420 with targets @ 0.7355 & 0.7310 in extension. Alternative scenario: above 0.7420 look for further upside with 0.7445 & 0.7475 as targets. Comment: as long as 0.7420 is resistance, look for choppy price action with a bearish bias.
Pivot: 106.65 Most Likely Scenario: short positions below 106.65 with targets @ 105.75 & 105.50 in extension. Alternative scenario: above 106.65 look for further upside with 107.20 & 107.45 as targets. Comment: the RSI shows downside momentum.
Pivot: 1.4110 Most Likely Scenario: long positions above 1.4110 with targets @ 1.4285 & 1.4360 in extension. Alternative scenario: below 1.4110 look for further downside with 1.4050 & 1.4005 as targets. Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Pivot: 1.1305 Most Likely Scenario: short positions below 1.1305 with targets @ 1.1265 & 1.1230 in extension. Alternative scenario: above 1.1305 look for further upside with 1.1350 & 1.1390 as targets. Comment: the RSI lacks upward momentum.
Pivot: 51.15 Most Likely Scenario: short positions below 51.15 with targets @ 49.80 & 49.40 in extension. Alternative scenario: above 51.15 look for further upside with 51.70 & 52.25 as targets. Comment: the RSI broke below a rising trend line. tradingsignalreviews.com
Pivot: 1257.00 Most Likely Scenario: long positions above 1257.00 with targets @ 1276.00 & 1282.00 in extension. Alternative scenario: below 1257.00 look for further downside with 1246.00 & 1234.50 as targets. Comment: a support base at 1257.00 has formed and has allowed for a temporary stabilization .
Pivot: 0.7470 Most Likely Scenario: short positions below 0.7470 with targets @ 0.7380 & 0.7355 in extension. Alternative scenario: above 0.7470 look for further upside with 0.7505 & 0.7545 as targets. Comment: as long as 0.7470 is resistance, look for choppy price action with a bearish bias.
Pivot: 106.65 Most Likely Scenario: long positions above 106.65 with targets @ 107.45 & 107.90 in extension. Alternative scenario: below 106.65 look for further downside with 106.35 & 106.00 as targets. Comment: the RSI is bullish and calls for further upside.
Most Likely Scenario: short positions below 1.4530 with targets @ 1.4425 & 1.4365 in extension. Alternative scenario: above 1.4530 look for further upside with 1.4600 & 1.4665 as targets. Comment: the RSI is mixed to bearish.
Pivot : 1.1355 Most Likely Scenario : short positions below 1.1355 with targets @ 1.1255 & 1.1220 in extension. Alternative scenario : above 1.1355 look for further upside with 1.1390 & 1.1415 as targets. Comment : the RSI is bearish and calls for further decline.