Pivot: 1.2805.

Our preference: LONG positions above 1.2805 with 1.2875 & 1.291 as next targets.

Alternative scenario: The downside breakout of 1.2805 will open the way to 1.279 & 1.277.

Comment: the pair is facing a pull back on its support, the RSI lacks downward momentum and is approaching its oversold area.

Pivot: 1.5070.

Our preference: LONG positions above 1.507 with targets @ 1.5175 & 1.522.

Alternative scenario: The downside penetration of 1.507 will call for a slide towards 1.5045 & 1.502.

Comment: the pair is facing a pull back but stands above its support, the RSI lacks downward momentum.

Pivot: 93.70.

Our preference: LONG positions above 93.7 with 94.9 & 95.15 as next targets.

Alternative scenario: The downside penetration of 93.7 will call for a slide towards 93.3 & 93.05.

Comment: the pair has broken above its resistance and remains on the upside, the RSI is well directed but is also overbought.

Pivot: 120.25

Our preference: Long positions above 120.25 with targets @ 121.85 & 122.3 in extension.

Alternative scenario: Below 120.25 look for further downside with 119.7 & 119.1 as targets.

Comment: the pair is rebounding and is approaching its next resistance, the RSI is well directed but is also overbought.

Pivot: 140.9

Our preference: Long positions above 140.9 with targets @ 142.4 & 143 in extension.

Alternative scenario: Below 140.9 look for further downside with 140.4 & 140.1 as targets.

Comment: the pair has broken above its resistance and should post further advance as the RSI is well directed.

Pivot: 1.044

Our preference: Long positions above 1.044 with targets @ 1.0495 & 1.0525 in extension.

Alternative scenario: Below 1.044 look for further downside with 1.043 & 1.0415 as targets.

Comment: the pair has struck against its resistance and is facing a pull back ahead of a rebound.

Pivot: 3718

Our preference: LONG positions above 3718 with 3812 & 3837 as next targets.

Alternative scenario: The downside penetration of 3718 will call for 3670 & 3645.

Comment : the RSI is mixed and calls for caution.

Pivot: 7792

Our preference: LONG positions above 7792 with 7990 & 8040 in sight.

Alternative scenario: The downside penetration of 7792 will call for 7735 & 7645.

Comment: the RSI lacks momentum.