Our preference: Short positions below 1.3285 with targets @ 1.3225 & 1.319 in extension.

Alternative scenario: Above 1.3285 look for further upside with 1.3315 & 1.3345 as targets.

Comment: the pair stands below its resistance and should face further weakness as the RSI is badly directed.

Our preference: Long positions above 1.5415 with targets @ 1.552 & 1.5555 in extension.

Alternative scenario: Below 1.5415 look for further downside with 1.5385 & 1.533 as targets.

Comment: the pair has rebounded and is breaking above its resistance, the RSI is well directed.

Our preference: Long positions above 0.932 with targets @ 0.9385 & 0.9405 in extension.

Alternative scenario: Below 0.932 look for further downside with 0.93 & 0.928 as targets.

Comment: the pair stands above its new support and remains on the upside.

Our preference: Long positions above 1.031 with targets @ 1.04 & 1.044 in extension.

Alternative scenario: Below 1.031 look for further downside with 1.027 & 1.0245 as targets.

Comment: the pair is supported by a bullish trend line.

Our preference: LONG positions above 105.5 with targets @ 107.15 & 107.75.

Alternative scenario: The downside penetration of 105.5 will call for 105 & 103.6.

Comment: the RSI lacks downward momentum.

Our preference: SHORT positions @ 1327 with 1315 & 1305 as next targets.

Alternative scenario: The upside penetration of 1330 will call for a rebound towards 1344 & 1349.

Comment: as long as the resistance at 1330 is not surpassed, the risk of the break below 1315 remains high.

Our preference: LONG positions above 15290 with 15565 & 15600 as next targets.

Alternative scenario: The downside breakout of 15290 will open the way to 15190 & 15110.

Comment: the RSI broke above a declining trend line.

Our preference: LONG positions above 1675 with targets @ 1701 & 1705.

Alternative scenario: The downside penetration of 1675 will call for 1666 & 1661.

Comment: the RSI broke above a bearish trend line.