Pivot: 1.3120.

Our preference: SHORT positions @ 1.311 with targets @ 1.301 & 1.299.

Alternative scenario: The upside penetration of 1.312 will call for 1.3145 & 1.3205.

Comment: the pair stands below its resistance and remains under pressure, the RSI stands around its neutrality area.

Pivot: 1.5155.

Our preference: SHORT positions @ 1.5145 with targets @ 1.504 & 1.4985.

Alternative scenario: The upside penetration of 1.5155 will call for 1.522 & 1.528.

Comment: the pair remains capped by a declining trend line and is breaking below its previous low, the RSI is badly directed and stands above its oversold area.

Pivot: 92.25.

Our preference: SHORT positions @ 92.15 with 91.35 & 90.8 as next targets.

Alternative scenario: The upside breakout of 92.25 will open the way to 92.75 & 93.1.

Comment: the pair stands below its resistance and is shaping a triangle pattern, the RSI is reversing down from its neutrality area.

Pivot: 121

Our preference: Short @ 120.9 with targets @ 119.1 & 118.6 in extension.

Alternative scenario: Above 121 look for further upside with 122.25 & 123.1 as targets.

Comment: the pair remains on the downside and is shaping a triangle pattern, the RSI stands below its neutrality area.

Pivot: 139.5

Our preference: Short @ 139.3 with targets @ 137.7 & 136.9 in extension.

Alternative scenario: Above 139.5 look for further upside with 140.5 & 141.25 as targets.

Comment: the pair stands below its resistance and remains capped by a declining trend line, further weakness towards the previous low is likely as the RSI is badly directed.

Pivot: 1.024

Our preference: Short positions below 1.024 with targets @ 1.02 & 1.017 in extension.

Alternative scenario: Above 1.024 look for further upside with 1.029 & 1.031 as targets.

Comment: the pair is capped by a declining trend line and the 1.024 resistance (former support) maintains a downside pressure.

Pivot: 3590

Our preference: LONG positions above 3590 with 3700 & 3785 as next targets.

Alternative scenario: The downside penetration of 3590 will call for a slide towards 3520 & 3460.

Comment : Unlike other indices, the index benefits from a clearer horizontal support area around 3600 points.

Pivot: 7680

Our preference: SHORT positions below 7680 with 7570 & 7537 in sight.

Alternative scenario: The upside penetration of 7680 will call for a rebound towards 7735 & 7860.

Comment: the RSI lacks upward momentum.