Blogs

<p>Pivot</p> <p>&nbsp;(invalidation): 3088.00 Our preference</p> <p>Short positions below 3088.00 with targets at 2984.00 &amp; 2934.00 in extension.</p> <p>Alternative scenario</p> <p>Above 3088.00 look for further upside with 3124.00 &amp; 3180.00 as targets.</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 12170.00 Our preference</p> <p>Short positions below 12170.00 with targets at 11845.00 &amp; 11700.00 in extension.</p> <p>Alternative scenario</p> <p>Above 12170.00 look for further upside with 12300.00 &amp; 12470.00 as targets.</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 6.8290 Our preference</p> <p>Short positions below 6.8290 with targets at 6.8040 &amp; 6.7930 in extension.</p> <p>Alternative scenario</p> <p>Above 6.8290 look for further upside with 6.8420 &amp; 6.8530 as targets.</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 0.6870 Our preference</p> <p>Short positions below 0.6870 with targets at 0.6795 &amp; 0.6755 in extension.</p> <p>Alternative scenario</p> <p>Above 0.6870 look for further upside with 0.6910 &amp; 0.6950 as targets.</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 0.9550 Our preference</p> <p>Short positions below 0.9550 with targets at 0.9490 &amp; 0.9455 in extension.</p> <p>Alternative scenario</p> <p>Above 0.9550 look for further upside with 0.9575 &amp; 0.9600 as targets.</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 1.3575 Our preference</p> <p>Long positions above 1.3575 with targets at 1.3665 &amp; 1.3700 in extension.</p> <p>Alternative scenario</p> <p>Below 1.3575 look for further downside with 1.3520 &amp; 1.3475 as targets.</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 107.55 Our preference</p> <p>Short positions below 107.55 with targets at 106.85 &amp; 106.55 in extension.</p> <p>Alternative scenario</p> <p>Above 107.55 look for further upside with 107.85 &amp; 108.20 as targets.</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 1.2550 Our preference</p> <p>Short positions below 1.2550 with targets at 1.2470 &amp; 1.2440 in extension.</p> <p>Alternative scenario</p> <p>Above 1.2550 look for further upside with 1.2600 &amp; 1.2650 as targets.</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 1.1275 Our preference</p> <p>Short positions below 1.1275 with targets at 1.1230 &amp; 1.1210 in extension.</p> <p>Alternative scenario</p> <p>Above 1.1275 look for further upside with 1.1300 &amp; 1.1330 as targets.</p>

<p>The 4-hour right side is down against 12/13/2019 peak (1.3522) &amp; shows a&nbsp; bearish &nbsp;sequence. 1 hour is turning down against 1.2814 high. Near-term, while bounces fail below 1.2814 high expect pair to extend lower 1 more push lower before correction against 12/13/2019 peak resume as a&nbsp; zigzag &nbsp;str