Our preference: Long positions above 1.2825 with targets @ 1.29 & 1.2935 in extension.

Alternative scenario: Below 1.2825 look for further downside with 1.279 & 1.2745 as targets.

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

Our preference: Short positions below 1.511 with targets @ 1.5 & 1.4955 in extension.

Alternative scenario: Above 1.511 look for further upside with 1.5155 & 1.522 as targets.

Comment: the pair is posting a rebound but remains within a bearish channel.

Our preference: Short positions below 0.9735 with targets @ 0.9625 & 0.9585 in extension.

Alternative scenario: Above 0.9735 look for further upside with 0.9775 & 0.984 as targets.

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

Our preference: Long positions above 1.0315 with targets @ 1.039 & 1.042 in extension.

Alternative scenario: Below 1.0315 look for further downside with 1.027 & 1.0245 as targets.

Comment: the RSI lacks downward momentum.

Our preference: SHORT positions below 94.45 with 92.4 & 91.4 in sight.

Alternative scenario: The upside breakout of 94.45 will open the way to 95 & 95.55.

Comment: the RSI is below its neutrality area at 50%

Our preference: LONG positions above 1354 with 1401 & 1419 as next targets.

Alternative scenario: The downside penetration of 1354 will call for a slide towards 1336 & 1322.

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

Our preference: SHORT positions below 15415 with targets @ 15145 & 15080.

Alternative scenario: The upside breakout of 15415 will open the way to 15530 & 15650.

Comment: the RSI advocates for further decline.

Our preference: SHORT positions below 1673 with 1634 & 1626 as next targets.

Alternative scenario: The upside breakout of 1673 will open the way to 1685 & 1694.

Comment: the RSI broke below a rising trend line.