Pivot: 1.327

Our preference: Short positions below 1.327 with targets @ 1.3175 & 1.3145 in extension.

Alternative scenario: Above 1.327 look for further upside with 1.33 & 1.3345 as targets.

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

Pivot: 1.518

Our preference: Short positions below 1.518 with targets @ 1.5095 & 1.507 in extension.

Alternative scenario: Above 1.518 look for further upside with 1.525 & 1.529 as targets.

Comment: the pair is posting a rebound but stands below its resistance.

Pivot: 0.9325

Our preference: Long positions above 0.9325 with targets @ 0.9395 & 0.941 in extension.

Alternative scenario: Below 0.9325 look for further downside with 0.929 & 0.925 as targets.

Comment: the pair remains on the upside and is approaching its resistance, the RSI is well directed.

Pivot: 1.033

Our preference: Long positions above 1.033 with targets @ 1.0405 & 1.044 in extension.

Alternative scenario: Below 1.033 look for further downside with 1.0275 & 1.0245 as targets.

Comment: the RSI advocates for further advance.

Pivot: 106.45

Our preference: LONG positions above 106.45 with targets @ 108.8 & 110.7.

Alternative scenario: The downside breakout of 106.45 will open the way to 105 & 102.7.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Pivot: 1309.00

Our preference: SHORT positions below 1309 with targets @ 1266 & 1244.

Alternative scenario: The upside penetration of 1309 will call for a rebound towards 1328 & 1339.

Comment: the break below 1309 is a negative signal that has opened a path to 1266.

Pivot: 15430

Our preference: LONG positions above 15430 with 15640 & 15670 as next targets.

Alternative scenario: The downside breakout of 15430 will open the way to 15395 & 15345.

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

Pivot: 1684

Our preference: LONG positions above 1684 with 1709 & 1712 in sight.

Alternative scenario: The downside penetration of 1684 will call for a slide towards 1677 & 1671.

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