Our preference: LONG positions above 1.346 with 1.3505 & 1.353 in sight.

Alternative scenario: The downside breakout of 1.346 will open the way to 1.3425 & 1.3395.

Comment: the pair has validated a bullish flag and should post further advance as the RSI stands above its neutral area.

Our preference: LONG positions above 1.5705 with 1.579 & 1.582 as next targets.

Alternative scenario: The downside penetration of 1.5705 will call for 1.567 & 1.5635.

Comment: the pair has broken above a declining trend line and remains on the upside.

Our preference: SHORT positions below 91 with 90.5 & 90.2 in sight.

Alternative scenario: The upside breakout of 91 will open the way to 91.25 & 91.55.

Comment: the pair is rebounding but stands below its new resistance, the RSI calls for caution.

Our preference: Long @ 121.87 with targets @ 122.9 & 123.5 in extension.

Alternative scenario: Below 121.8 look for further downside with 121.3 & 120.65 as targets.

Comment: the pair has validated a bullish flag and is approaching its previous intraday high, the RSI stands above its neutral area and is turning up.

Our preference: Long @ 142.55 with targets @ 143.6 & 144.25 in extension.

Alternative scenario: Below 142.4 look for further downside with 141.85 & 141.4 as targets.

Comment: the pair has broken above a declining trend line and should post further advance as the RSI stands above its neutral area and remains well directed.

Our preference: Long positions above 1.0435 with targets @ 1.05 & 1.053 in extension.

Alternative scenario: Below 1.0435 look for further downside with 1.04 & 1.038 as targets.

Comment: the pair has broken above a declining trend line and remains on the upside, the RSI stands above its neutral area and remains on the upside.

Our preference: LONG positions above 3760 with 3800 & 3820 as next targets.

Alternative scenario: The downside penetration of 3760 will call for 3735 & 3715.

Comment : the RSI advocates for further upside.

Our preference: LONG positions above 7753 with targets @ 7890 & 7920.

Alternative scenario: The downside penetration of 7753 will call for a slide towards 7635 & 7571.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.