Pivot: 1.2900.

Our preference: LONG positions @ 1.291 with 1.2955 & 1.2995 in sight.

Alternative scenario: The downside penetration of 1.29 will call for 1.2865 & 1.282.

Comment: the pair stands above its support and should post a rebound as the RSI is reversing up.

Pivot: 1.5070.

Our preference: LONG positions @ 1.508 with targets @ 1.5155 & 1.522.

Alternative scenario: The downside penetration of 1.507 will call for 1.501 & 1.4955.

Comment: the pair has rebounded on its support and remains on the upside as the RSI is reversing up.

Pivot: 101.65.

Our preference: SHORT positions below 101.65 with 100.55 & 100.2 in sight.

Alternative scenario: The upside penetration of 101.65 will call for 102 & 102.35.

Comment: the pair stands below its resistance and remains under pressure, the RSI lacks upward momentum.

Pivot: 131.05

Our preference: Short positions below 131.05 with targets @ 129.9 & 129.6 in extension.

Alternative scenario: Above 131.05 look for further upside with 131.65 & 132.4 as targets.

Comment: the pair is posting a rebound but stands below its resistance, the RSI lacks upward momentum.

Pivot: 153.25

Our preference: Short positions below 153.25 with targets @ 152.3 & 151.9 in extension.

Alternative scenario: Above 153.25 look for further upside with 153.7 & 154.15 as targets.

Comment: the pair is rebounding but stands below its resistance.

Pivot: 0.966

Our preference: Short positions below 0.966 with targets @ 0.9595 & 0.9555 in extension.

Alternative scenario: Above 0.966 look for further upside with 0.9705 & 0.9735 as targets.

Comment: the break below 0.966 is a bearish signal calling for further downside. The 50 moving average is acting as a trailing stop.

Pivot: 3920

Our preference: LONG positions above 3920 with targets @ 3992 & 4020.

Alternative scenario: The downside breakout of 3920 will open the way to 3893 & 3877.

Comment : A descending broadening wedge is confirmed and the RSI indicator is evolving between 50 & 70.

Pivot: 8395

Our preference: SHORT positions below 8395 with targets @ 8210 & 8160.

Alternative scenario: The upside penetration of 8395 will call for a rebound towards 8475 & 8560.

Comment: the downside breakout of the 8395 former support area (now acting as a resistance) calls for a decline towards 8210.