Pivot: 1.3225

Our preference: Short positions below 1.3225 with targets @ 1.3185 & 1.316 in extension.

Alternative scenario: Above 1.3225 look for further upside with 1.3255 & 1.328 as targets.

Comment: the pair is rebounding and is challenging its resistance, caution.

Pivot: 1.5525

Our preference: Long positions above 1.5525 with targets @ 1.5605 & 1.5635 in extension.

Alternative scenario: Below 1.5525 look for further downside with 1.55 & 1.546 as targets.

Comment: the pair stands above its support and remains on the upside.

Pivot: 0.9285

Our preference: Long positions above 0.9285 with targets @ 0.93335 & 0.9355 in extension.

Alternative scenario: Below 0.9285 look for further downside with 0.9255 & 0.9235 as targets.

Comment: the pair stands above its new support and remains on the upside.

Pivot: 1.049

Our preference: Long positions above 1.049 with targets @ 1.057 & 1.0595 in extension.

Alternative scenario: Below 1.049 look for further downside with 1.0465 & 1.0435 as targets.

Comment: the next resistances are at 1.057 and then at 1.0595.

Pivot: 107.50

Our preference: SHORT positions below 107.5 with 105.6 & 104.3 as next targets.

Alternative scenario: The upside penetration of 107.5 will call for 108.6 & 110.

Comment: capped by a negative trend line.

Pivot: 1398.00

Our preference: SHORT positions below 1398 with 1374 & 1368 in sight.

Alternative scenario: The upside penetration of 1398 will call for a rebound towards 1405 & 1411.

Comment: as long as 1398 is resistance, likely decline to 1374.

Pivot: 14960

Our preference: SHORT positions below 14960 with 14700 & 14630 as next targets.

Alternative scenario: The upside breakout of 14960 will open the way to 15030 & 15110.

Comment: as long as 14960 is resistance, look for choppy price action with a bearish bias.

Pivot: 1651

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

Alternative scenario: The upside penetration of 1651 will call for 1659 & 1667.

Comment: as long as 1651 is resistance, look for choppy price action with a bearish bias.