Pivot: 1.3175.

Our preference: SHORT positions below 1.3175 with targets @ 1.3045 & 1.2995.

Alternative scenario: The upside breakout of 1.3175 will open the way to 1.3205 & 1.325.

Comment: as long as the resistance at 1.3175 is not surpassed, the risk of the break below 1.3045 remains high.

Pivot: 1.521

Our preference: Long positions above 1.521 with targets @ 1.53 & 1.5335 in extension.

Alternative scenario: Below 1.521 look for further downside with 1.515 & 1.5075 as targets.

Comment: the RSI is bullish and calls for further upside.

Pivot: 0.936

Our preference: Long positions above 0.936 with targets @ 0.9475 & 0.953 in extension.

Alternative scenario: Below 0.936 look for further downside with 0.9315 & 0.9265 as targets.

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

Pivot: 1.044

Our preference: Short positions below 1.044 with targets @ 1.0355 & 1.0325 in extension.

Alternative scenario: Above 1.044 look for further upside with 1.047 & 1.052 as targets.

Comment: as long as 1.044 is resistance, look for choppy price action with a bearish bias.

Pivot: 107.10

Our preference: LONG positions above 107.1 with 110 & 111.2 as next targets.

Alternative scenario: The downside breakout of 107.1 will open the way to 106.1 & 105.

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

Pivot: 1300.00

Our preference: SHORT positions below 1300 with 1279 & 1267 as next targets.

Alternative scenario: The upside penetration of 1300 will call for 1320 & 1338.

Comment: as long as 1300 is resistance, look for choppy price action with a bearish bias.

Pivot: 15400

Our preference: LONG positions @ 15473 with 15530 & 15560 in sight.

Alternative scenario: The downside penetration of 15400 will call for 15330 & 15260.

Comment: the RSI is bullish and calls for further upside.

Pivot: 1672

Our preference: LONG positions above 1672 with 1688 & 1693 as next targets.

Alternative scenario: The downside penetration of 1672 will call for 1665 & 1660.

Comment : the RSI is negative but supported by a strong support.