Pivot: 1.3255.

Our preference: SHORT positions below 1.3255 with targets @ 1.316 & 1.3135.

Alternative scenario: The upside breakout of 1.3255 will open the way to 1.33 & 1.337.

Comment: the pair has broken below its rising trend line.

Pivot: 1.5390.

Our preference: SHORT positions below 1.539 with targets @ 1.5265 & 1.522.

Alternative scenario: The upside penetration of 1.539 will call for a rebound towards 1.543 & 1.5475.

Comment: as long as the resistance at 1.539 is not surpassed, the risk of the break below 1.5265 remains high.

Pivot: 99.75.

Our preference: LONG positions above 99.75 with 100.65 & 100.85 as next targets.

Alternative scenario: The downside penetration of 99.75 will call for 99.2 & 98.9.

Comment: the pair has broken above a declining trend line.

Pivot: 131.35

Our preference: Long positions above 131.35 with targets @ 132.85 & 133.8 in extension.

Alternative scenario: Below 131.35 look for further downside with 130.6 & 130 as targets.

Comment: the next resistances are at 132.85 and then at 133.8.

Pivot: 152.75

Our preference: Long positions above 152.75 with targets @ 154.2 & 154.6 in extension.

Alternative scenario: Below 152.75 look for further downside with 152 & 151.25 as targets.

Comment: the RSI lacks downward momentum.

Pivot: 0.925

Our preference: Short positions below 0.925 with targets @ 0.913 & 0.9085 in extension.

Alternative scenario: Above 0.925 look for further upside with 0.9305 & 0.934 as targets.

Comment: a break below 0.913 would trigger a drop towards 0.9085.

Pivot: 3920

Our preference: LONG positions above 3920 with 4000 & 4032 as next targets.

Alternative scenario: The downside penetration of 3920 will call for a slide towards 3900 & 3885.

Comment : Prices are still evolving within an ascending channel.

Pivot: 8280

Our preference: LONG positions above 8280 with targets @ 8415 & 8460.

Alternative scenario: The downside penetration of 8280 will call for a slide towards 8210 & 8130.

Comment: the RSI is mixed with a bullish bias.