Pivot: 1.3160.

Our preference: SHORT positions below 1.316 with 1.3105 & 1.3085 in sight.

Alternative scenario: The upside penetration of 1.316 will call for a rebound towards 1.318 & 1.3225.

Comment: the pair is posting a rebound but stands below its resistance.

Pivot: 1.5635.

Our preference: SHORT positions below 1.5635 with 1.557 & 1.555 in sight.

Alternative scenario: The upside penetration of 1.5635 will call for a rebound towards 1.567 & 1.5715.

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

Pivot: 99.50.

Our preference: LONG positions @ 99.65 with 100.2 & 100.45 in sight.

Alternative scenario: The downside penetration of 99.5 will call for 99.15 & 98.75.

Comment: the pair is facing a pull back on its support ahead of further advance.

Pivot: 131.45

Our preference: Short positions below 131.45 with targets @ 130.8 & 130.5 in extension.

Alternative scenario: Above 131.45 look for further upside with 131.8 & 132.15 as targets.

Comment: the pair remains under pressure and is challenging its support.

Pivot: 155.45

Our preference: Long positions above 155.45 with targets @ 156.7 & 157.2 in extension.

Alternative scenario: Below 155.45 look for further downside with 154.95 & 154.15 as targets.

Comment: the pair is facing a pull back on its support ahead of further advance.

Pivot: 0.908

Our preference: Long positions above 0.908 with targets @ 0.919 & 0.923 in extension.

Alternative scenario: Below 0.908 look for further downside with 0.904 & 0.9005 as targets.

Comment: the RSI lacks downward momentum.

Pivot: 3920

Our preference: LONG positions above 3920 with 4015 & 4040 in sight.

Alternative scenario: The downside penetration of 3920 will call for a slide towards 3900 & 3880.

Comment : the RSI is mixed to bullish.

Pivot: 8085

Our preference: LONG positions above 8085 with 8277 & 8380 in sight.

Alternative scenario: The downside breakout of 8085 will open the way to 8010 & 7980.

Comment: the RSI lacks momentum.