Pivot: 1.3125

Our preference: Short positions below 1.3125 with targets @ 1.305 & 1.303 in extension.

Alternative scenario: Above 1.3125 look for further upside with 1.314 & 1.316 as targets.

Comment: the pair is posting a rebound on its new support but stands below its previous high.

Pivot: 1.5385

Our preference: Short positions below 1.5385 with targets @ 1.5285 & 1.5245 in extension.

Alternative scenario: Above 1.5385 look for further upside with 1.541 & 1.545 as targets.

Comment: the pair remains under pressure and is challenging its support.

Pivot: 0.9335

Our preference: Short positions below 0.9335 with targets @ 0.926 & 0.923 in extension.

Alternative scenario: Above 0.9335 look for further upside with 0.9365 & 0.939 as targets.

Comment: the pair stands below its resistance and remains under pressure, the RSI is turning down.

Pivot: 1.017

Our preference: Long positions above 1.017 with targets @ 1.0235 & 1.026 in extension.

Alternative scenario: Below 1.017 look for further downside with 1.0145 & 1.0125 as targets.

Comment: the pair has broken above a declining trend line and should reach its previous high.

Pivot: 90.40

Our preference: SHORT positions below 90.4 with 88.05 & 87.3 in sight.

Alternative scenario: The upside penetration of 90.4 will call for a rebound towards 91.8 & 92.4.

Comment: as long as the resistance at 90.4 is not surpassed, the risk of the break below 88.05 remains high.

Pivot: 1445.00

Our preference: SHORT positions below 1445 with 1385 & 1368 in sight.

Alternative scenario: The upside penetration of 1445 will call for 1458 & 1478.

Comment: the immediate trend remains down and the momentum is strong.

Pivot: 14650

Our preference: LONG positions above 14650 with 14830 & 14885 as next targets.

Alternative scenario: The downside penetration of 14650 will call for a slide towards 14530 & 14430.

Comment: the next resistances are at 14830 and then at 14885.

Pivot: 1569

Our preference: LONG positions @ 1573.75 with targets @ 1593 & 1605.

Alternative scenario: The downside penetration of 1569 will call for 1556 & 1544.

Comment: a support base at 1569 has formed and has allowed for a temporary stabilisation.