Pivot: 1.3090.

Our preference: SHORT positions below 1.309 with targets @ 1.303 & 1.2995.

Alternative scenario: The upside penetration of 1.309 will call for 1.312 & 1.316.

Comment: the pair has validated a rising wedge and is posting a pull back on its new resistance ahead of further weakness.

Pivot: 1.5360.

Our preference: SHORT positions below 1.536 with 1.5285 & 1.5245 as next targets.

Alternative scenario: The upside penetration of 1.536 will call for a rebound towards 1.541 & 1.545.

Comment: the pair is posting a rebound but stands below its strong resistance, the RSI stands around its neutrality area.

Pivot: 98.90.

Our preference: LONG positions @ 99 with 100 & 100.8 in sight.

Alternative scenario: The downside penetration of 98.9 will call for a slide towards 98 & 97.15.

Comment: the pair remains on the upside and is approaching its previous high.

Pivot: 129.3

Our preference: Long @ 129.4 with targets @ 130.65 & 131.5 in extension.

Alternative scenario: Below 129.3 look for further downside with 128.4 & 127.25 as targets.

Comment: the pair has rebounded on its support and remains on the upside as the RSI is reversing up.

Pivot: 151.5

Our preference: Long positions above 151.5 with targets @ 153.65 & 154.7 in extension.

Alternative scenario: Below 151.5 look for further downside with 150.5 & 149.15 as targets.

Comment: the pair stands above its new support and remains on the upside, the RSI is reversing up.

Pivot: 1.05

Our preference: Long positions above 1.05 with targets @ 1.055 & 1.0575 in extension.

Alternative scenario: Below 1.05 look for further downside with 1.0465 & 1.0445 as targets.

Comment: the pair is rebounding on its support as the RSI is reversing up.

Pivot: 3655

Our preference: LONG positions above 3655 with 3795 & 3812 as next targets.

Alternative scenario: The downside breakout of 3655 will open the way to 3638 & 3615.

Comment : Prices broke above the upper boundary of a broadening formation.

Pivot: 7715

Our preference: LONG positions above 7715 with targets @ 7865 & 7940.

Alternative scenario: The downside breakout of 7715 will open the way to 7620 & 7590.

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