Japan Leading Economic Index registered at 90.5 above expectations (90.3) in January

While extending its pullback moves from the multi-year top, EUR/GBP drops 0.16% to 0.9275 during the pre-European session on Tuesday.

Having witnessed a slew of coronavirus carnage during the recent days, Fed’s QE and hope for COVID-19 Bill from the US please Asian share buyers on Tuesday.

The greenback, in terms of the US Dollar Index (DXY), has come under further downside pressure and recedes to the sub-102.00 area on Tuesday. US Dolla

<p>Pivot</p> <p>&nbsp;(invalidation): 1.4490 </p> <p>Our preference</p> <p>Short positions below 1.4490 with targets at 1.4350 &amp; 1.4280 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 0.5840 </p> <p>Our preference</p> <p>Long positions above 0.5840 with targets at 0.5985 &amp; 0.6030 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 6.5450 </p> <p>Our preference</p> <p>Short positions below 6.5450 with targets at 6.5000 &amp; 6.4760 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 8480.00 </p> <p>Our preference</p> <p>Long positions above 8480.00 with targets at 9070.00 &amp; 9200.00 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 2185.00 </p> <p>Our preference</p> <p>Long positions above 2185.00 with targets at 2300.00 &amp; 2455.00 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 1554.00 </p> <p>Our preference</p> <p>Long positions above 1554.00 with targets at 1598.00 &amp; 1610.00 in extension.</p> <p>Alternative scenario</p>