Pivot: 1.312

Our preference: Short positions below 1.312 with targets @ 1.306 & 1.303 in extension.

Alternative scenario: Above 1.312 look for further upside with 1.3145 & 1.3205 as targets.

Comment: the pair is posting a rebound but stands below its resistance, the RSI lacks upward momentum.

Pivot: 1.5155

Our preference: Short positions below 1.5155 with targets @ 1.507 & 1.504 in extension.

Alternative scenario: Above 1.5155 look for further upside with 1.522 & 1.528 as targets.

Comment: the pair is rebounding but remains capped by a declining trend line.

Pivot: 0.9285

Our preference: Long positions above 0.9285 with targets @ 0.934 & 0.936 in extension.

Alternative scenario: Below 0.9285 look for further downside with 0.926 & 0.923 as targets.

Comment: the pair is pulling back on its support, the RSI lacks downward momentum.

Pivot: 1.024

Our preference: Long positions above 1.024 with targets @ 1.03 & 1.0325 in extension.

Alternative scenario: Below 1.024 look for further downside with 1.0205 & 1.018 as targets.

Comment: the pair remains in an intraday bullish channel and intraday technical indicators are on the upside.

Pivot: 94.25

Our preference: SHORT positions below 94.25 with 91.9 & 91 in sight.

Alternative scenario: The upside penetration of 94.25 will call for 95.7 & 97.5.

Comment: as long as the resistance at 94.25 is not surpassed, the risk of the break below 91.9 remains high.

Pivot: 1594.00

Our preference: LONG positions above 1594 with 1617 & 1625 as next targets.

Alternative scenario: The downside penetration of 1594 will call for 1584 & 1570.

Comment: the price remains supported by a rising trend line. A test of 1625 seems more likely.

Pivot: 13990

Our preference: SHORT positions below 13990 with 13745 & 13700 as next targets.

Alternative scenario: The upside penetration of 13990 will call for 14060 & 14120.

Comment: as long as the resistance at 13990 is not surpassed, the risk of the break below 13745 remains high.

Pivot: 1512

Our preference: SHORT positions below 1512 with targets @ 1483 & 1475.

Alternative scenario: The upside penetration of 1512 will call for a rebound towards 1524 & 1530.

Comment: as long as the resistance at 1512 is not surpassed, the risk of the break below 1483 remains high.