Pivot: 1.3050.

Our preference: SHORT positions @ 1.304 with 1.3 & 1.297 in sight.

Alternative scenario: The upside breakout of 1.305 will open the way to 1.3095 & 1.313.

Comment: the pair is rebounding and is challenging its strong resistance, the RSI lacks upward momentum and is reversing down.

Pivot: 1.5075.

Our preference: LONG positions above 1.5075 with targets @ 1.515 & 1.522.

Alternative scenario: The downside breakout of 1.5075 will open the way to 1.504 & 1.498.

Comment: the pair is on the upside and is approaching its next strong resistance, the RSI stands above its neutrality area but also lacks upward momentum.

Pivot: 93.65.

Our preference: SHORT positions below 93.65 with 92.7 & 92.35 in sight.

Alternative scenario: The upside penetration of 93.65 will call for 93.9 & 94.3.

Comment: the pair has broken below its support and remains under pressure, the RSI is badly directed but is approaching its oversold area.

Pivot: 120.9

Our preference: Long @ 121 with targets @ 122.25 & 123.1 in extension.

Alternative scenario: Below 120.9 look for further downside with 120.4 & 119.6 as targets.

Comment: the pair is facing a pull back on its new support (former resistance) ahead of further advance, the RSI is reversing up from its oversold area.

Pivot: 140.15

Our preference: Long @ 140.3 with targets @ 141.5 & 142 in extension.

Alternative scenario: Below 140.15 look for further downside with 139.75 & 139.1 as targets.

Comment: the pair is facing a pull back on its support ahead of a rebound, the RSI is approaching its oversold area and lacks downward momentum.

Pivot: 1.018

Our preference: Long positions above 1.018 with targets @ 1.0255 & 1.0285 in extension.

Alternative scenario: Below 1.018 look for further downside with 1.016 & 1.011 as targets.

Comment: the pair remains on the upside and is challenging its intermediary resistance, the RSI is well directed but is also overbought.

Pivot: 3592

Our preference: LONG positions above 3592 with 3785 & 3792 in sight.

Alternative scenario: The downside penetration of 3592 will call for a slide towards 3520 & 3460.

Comment : Prices are supported by an ascending trend line.

Pivot: 7560

Our preference: LONG positions above 7560 with 7784 & 7847 as next targets.

Alternative scenario: The downside breakout of 7560 will open the way to 7537 & 7485.

Comment: the RSI has just broken above a declining trend line.