Pivot: 1.3065.

Our preference: LONG positions above 1.3065 with targets @ 1.3205 & 1.325.

Alternative scenario: The downside breakout of 1.3065 will open the way to 1.2995 & 1.292.

Comment: the pair is supported by a rising trend line.

Pivot: 1.5075.

Our preference: LONG positions above 1.5075 with 1.5185 & 1.522 as next targets.

Alternative scenario: The downside penetration of 1.5075 will call for 1.5025 & 1.498.

Comment: the RSI lacks downward momentum.

Pivot: 99.60.

Our preference: SHORT positions below 99.6 with 98.55 & 98.2 in sight.

Alternative scenario: The upside penetration of 99.6 will call for 100.05 & 100.45.

Comment: the pair broke below a rising trend line.

Pivot: 129.85

Our preference: Long positions above 129.85 with targets @ 131.1 & 131.4 in extension.

Alternative scenario: Below 129.85 look for further downside with 129.15 & 128.65 as targets.

Comment: technically, the RSI is above its neutrality area at 50.

Pivot: 149.6

Our preference: Long positions above 149.6 with targets @ 151.25 & 151.6 in extension.

Alternative scenario: Below 149.6 look for further downside with 148.85 & 148.2 as targets.

Comment: the RSI lacks downward momentum.

Pivot: 0.912

Our preference: Long positions above 0.912 with targets @ 0.9305 & 0.934 in extension.

Alternative scenario: Below 0.912 look for further downside with 0.903 & 0.9 as targets.

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

Pivot: 3845

Our preference: LONG positions above 3845 with 3894 & 3945 as next targets.

Alternative scenario: The downside penetration of 3845 will call for a slide towards 3810 & 3751.

Comment : the RSI lacks downward momentum.

Pivot: 8170

Our preference: LONG positions above 8170 with 8280 & 8357 in sight.

Alternative scenario: The downside breakout of 8170 will open the way to 8080 & 8030.

Comment: Intraday technical indicators are mixed but only a break below 8170 would dampen the bullish sentiment.