Pivot: 1.3120.

Our preference: SHORT positions @ 1.311 with 1.3035 & 1.301 as next targets.

Alternative scenario: The upside penetration of 1.312 will call for a rebound towards 1.3145 & 1.318.

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

Pivot: 1.5570.

Our preference: SHORT positions below 1.557 with 1.5495 & 1.547 as next targets.

Alternative scenario: The upside penetration of 1.557 will call for a rebound towards 1.5605 & 1.5635.

Comment: the pair is pulling back on its former bullish channel lower boundary and remains under pressure, the RSI is badly directed.

Pivot: 97.65.

Our preference: LONG positions above 97.65 with 98.2 & 98.5 as next targets.

Alternative scenario: The downside penetration of 97.65 will call for 97.3 & 96.95.

Comment: the pair stands above its support and remains on the upside.

Pivot: 128.55

Our preference: Short positions below 128.55 with targets @ 127.55 & 127.15 in extension.

Alternative scenario: Above 128.55 look for further upside with 128.9 & 129.4 as targets.

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

Pivot: 151.55

Our preference: Long positions above 151.55 with targets @ 152.8 & 153.4 in extension.

Alternative scenario: Below 151.55 look for further downside with 150.8 & 150.4 as targets.

Comment: the pair stands above its new support and remains on the upside.

Pivot: 1.024

Our preference: Long positions above 1.024 with targets @ 1.0285 & 1.03 in extension.

Alternative scenario: Below 1.024 look for further downside with 1.022 & 1.0195 as targets.

Comment: intraday technical indicators are mixed to bullish. A limited recovery is in the cards but is expected to be limited by the 1.03 resistance area.

Pivot: 3730

Our preference: LONG positions above 3730 with targets @ 3862 & 3895.

Alternative scenario: The downside penetration of 3730 will call for 3697 & 3655.

Comment : the RSI advocates for further upside.

Pivot: 7770

Our preference: LONG positions above 7770 with 8040 & 8100 as next targets.

Alternative scenario: The downside breakout of 7770 will open the way to 7685 & 7660.

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