Pivot: 1.3290.

Our preference: LONG positions above 1.329 with targets @ 1.3345 & 1.338.

Alternative scenario: The downside breakout of 1.329 will open the way to 1.3265 & 1.323.

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

Pivot: 1.5385.

Our preference: LONG positions above 1.5385 with 1.5525 & 1.5595 in sight.

Alternative scenario: The downside penetration of 1.5385 will call for 1.5305 & 1.525.

Comment: the pair stands above its support and remains on the upside, the RSI stands above its neutrality area.

Pivot: 97.45.

Our preference: SHORT positions below 97.45 with targets @ 96.2 & 95.7.

Alternative scenario: The upside breakout of 97.45 will open the way to 97.8 & 98.15.

Comment: the pair remains within a bearish channel, the RSI stands below its neutrality area.

Pivot: 129.75

Our preference: Short @ 129.55 with targets @ 128.35 & 128 in extension.

Alternative scenario: Above 129.75 look for further upside with 130.15 & 130.9 as targets.

Comment: as long as 129.75 is resistance, look for choppy price action with a bearish bias.

Pivot: 150.35

Our preference: Short positions below 150.35 with targets @ 148.75 & 148.2 in extension.

Alternative scenario: Above 150.35 look for further upside with 151 & 151.6 as targets.

Comment: the upward potential is likely to be limited by the resistance at 150.35.

Pivot: 0.8985

Our preference: Long positions above 0.8985 with targets @ 0.9095 & 0.9125 in extension.

Alternative scenario: Below 0.8985 look for further downside with 0.8915 & 0.8845 as targets.

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

Pivot: 4000

Our preference: LONG positions above 4000 with 4062 & 4073 as next targets.

Alternative scenario: The downside penetration of 4000 will call for a slide towards 3965 & 3921.

Comment : the RSI calls for a rebound.

Pivot: 8215

Our preference: LONG positions above 8215 with 8370 & 8435 as next targets.

Alternative scenario: The downside penetration of 8215 will call for a slide towards 8140 & 8085.

Comment: Prices are holding above a significant intraday support at 8215 points.