Our preference: Long positions above 1.333 with targets @ 1.3375 & 1.341 in extension.

Alternative scenario: Below 1.333 look for further downside with 1.3295 & 1.327 as targets.

Comment: the pair is facing a pull back and is approaching its support, the RSI is challenging its oversold area.

Our preference: Short positions below 1.5505 with targets @ 1.5415 & 1.5375 in extension.

Alternative scenario: Above 1.5505 look for further upside with 1.5555 & 1.5605 as targets.

Comment: the pair has broken below its support and should face further weakness.

Our preference: Long positions above 0.917 with targets @ 0.923 & 0.9245 in extension.

Alternative scenario: Below 0.917 look for further downside with 0.9145 & 0.9125 as targets.

Comment: the pair has rebounded and is breaking above a declining trend line, the RSI is well directed.

Our preference: Short positions below 1.0535 with targets @ 1.0465 & 1.0435 in extension.

Alternative scenario: Above 1.0535 look for further upside with 1.057 & 1.061 as targets.

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

Our preference: SHORT positions below 111.15 with 109.3 & 108.3 as next targets.

Alternative scenario: The upside breakout of 111.15 will open the way to 112.2 & 114.

Comment: technically, the RSI is below its neutrality area at 50.

Our preference: LONG positions above 1411 with 1440 & 1446 as next targets.

Alternative scenario: The downside breakout of 1411 will open the way to 1395 & 1384.

Comment: the price and the RSI are supported by rising trend lines.

Our preference: SHORT positions below 14905 with 14700 & 14630 as next targets.

Alternative scenario: The upside penetration of 14905 will call for 15030 & 15110.

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

Our preference: SHORT positions below 1651 with 1620 & 1611 as next targets.

Alternative scenario: The upside breakout of 1651 will open the way to 1659 & 1667.

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