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Pivot: 20.95 Our preference: Long positions above 20.95 with targets @ 21.75 22.17 in extension. Alternative scenario: Below 20.95 look for further downside with 20.57 20.1...
Pivot: 103.1 Our preference: Short positions below 103.1 with targets @ 101.56 101 in extension. Alternative scenario: Above 103.1 look for further upside with 103.45 104...
Pivot: 101.65 Our preference: Long positions above 101.65 with targets @ 102.2 102.4 in extension. Alternative scenario: Below 101.65 look for further downside with 101.35 101.2...
Pivot: 139.4 Our preference: Long positions above 139.4 with targets @ 140.3 140.95 in extension. Alternative scenario: Below 139.4 look for further downside with 138.75 138.45...
Pivot: 169 Our preference: Long positions above 169 with targets @ 170.8 171.2 in extension. Alternative scenario: Below 169 look for further downside with 168.35 167.9...
Pivot: 1.2185 Our preference: Short positions below 1.2185 with targets @ 1.2155 1.213 in extension. Alternative scenario: Above 1.2185 look for further upside with 1.2215 1.223...
Talking Points: AUD/USD remains on a long term downtrend The daily Aussie chart lacks directional bias Wait for a break of support or resistance before entering...
Pivot: 0.893 Our preference: Long positions above 0.893 with targets @ 0.90 0.905 in extension. Alternative scenario: Below 0.893 look for further downside with 0.89 0.887...