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Pivot: 122.85 Most Likely Scenario: Long positions above 122.85 with targets @ 123.75 & 124 in extension. Alternative scenario: Below 122.85 look for further downside with 122.4 & 122 as targets. Comment: The RSI is well directed.
2
Pivot: 1.0965 Most Likely Scenario: Long positions above 1.0965 with targets @ 1.1055 & 1.11 in extension. Alternative scenario: Below 1.0965 look for further downside with 1.091 & 1.0865 as targets. Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
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