Pivot: 1.3025.

Our preference: SHORT positions below 1.3025 with 1.296 & 1.2945 in sight.

Alternative scenario: The upside penetration of 1.3025 will call for 1.307 & 1.3095.

Comment: the pair is rebounding from its previous low but stands below its new resistance, the RSI stands around its neutrality area.

Pivot: 1.5060.

Our preference: SHORT positions @ 1.505 with 1.496 & 1.49 in sight.

Alternative scenario: The upside breakout of 1.506 will open the way to 1.5105 & 1.515.

Comment: the pair is breaking below its previous low and remains on the downside, the RSI is rebounding but stands below its neutrality area.

Pivot: 93.45.

Our preference: LONG positions above 93.45 with 94.3 & 94.5 in sight.

Alternative scenario: The downside penetration of 93.45 will call for 93 & 92.7.

Comment: the pair has broken above a declining trend line and should post further advance as the RSI is reversing up from its neutrality area.

Pivot: 121

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

Alternative scenario: Below 121 look for further downside with 120.4 & 119.6 as targets.

Comment: the pair remains on the upside and is challenging its resistance, the RSI stands above its neutrality area and is reversing up.

Pivot: 141.5

Our preference: Short positions below 141.5 with targets @ 140.5 & 140.15 in extension.

Alternative scenario: Above 141.5 look for further upside with 142 & 142.4 as targets.

Comment: the pair remains under pressure and is challenging its support, the RSI stands below its neutrality area.

Pivot: 1.0265

Our preference: Short positions below 1.0265 with targets @ 1.021 & 1.0185 in extension.

Alternative scenario: Above 1.0265 look for further upside with 1.03 & 1.033 as targets.

Comment: the pair has struck against its new resistance and remains under pressure, the RSI is reversing down from its neutrality area.

Pivot: 3725

Our preference: LONG positions above 3725 with targets @ 3806 & 3880.

Alternative scenario: The downside penetration of 3725 will call for 3702 & 3665.

Comment : Prices are still supported by an ascending trend line

Pivot: 7775

Our preference: LONG positions above 7775 with targets @ 7980 & 8050.

Alternative scenario: The downside penetration of 7775 will call for a slide towards 7626 & 7560.

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