


TheConcierge
My apologies should of uploaded chart sooner, I got my entry at 0.94945, its not to late to jump on the movement!
Pivot: 44.40 Most Likely Scenario: long positions above 44.40 with targets @ 46.00 & 46.90 in extension. Alternative scenario: below 44.40 look for further downside with 43.85 & 43.30 as targets. Comment: a support base at 44.40 has formed and has allowed for a temporary stabilisation.
Pivot: 1350.00 Most Likely Scenario: short positions below 1350.00 with targets @ 1331.00 & 1327.00 in extension. Alternative scenario: above 1350.00 look for further upside with 1357.50 & 1363.00 as targets. Comment: the RSI advocates for further decline.
Pivot: 0.7575 Most Likely Scenario: long positions above 0.7575 with targets @ 0.7640 & 0.7660 in extension. Alternative scenario: below 0.7575 look for further downside with 0.7540 & 0.7520 as targets. Comment: a support base at 0.7575 has formed and has allowed for a temporary stabilization.
Pivot: 1.3235 Most Likely Scenario: short positions below 1.3235 with targets @ 1.3100 & 1.3045 in extension. Alternative scenario: above 1.3235 look for further upside with 1.3330 & 1.3425 as targets. Comment: the upward potential is likely to be limited by the resistance at 1.3235.
Pivot: 1.1075 Most Likely Scenario: long positions above 1.1075 with targets @ 1.1125 & 1.1165 in extension. Alternative scenario: below 1.1075 look for further downside with 1.1040 & 1.1015 as targets. Comment: the RSI advocates for further advance.
We saw retracement to the 0.786 level furthermore RSI overbought .
Wait for retracement before shorting to just above S&R 1.0300