Our preference: long positions above 1.2280 with targets at 1.2370 & 1.2405 in extension.

Alternative scenario: below 1.2280 look for further downside with 1.2255 & 1.2235 as targets.

Comment: the RSI shows upside momentum.

Our preference: short positions below 0.9375 with targets at 0.9300 & 0.9275 in extension.

Alternative scenario: above 0.9375 look for further upside with 0.9410 & 0.9440 as targets.

Comment: the RSI shows downside momentum.

Our preference: short positions below 108.20 with targets at 107.30 & 107.05 in extension.

Alternative scenario: above 108.20 look for further upside with 108.45 & 108.85 as targets.

Comment: the RSI shows downside momentum.

Our preference: long positions above 1.3830 with targets at 1.3990 & 1.4065 in extension.

Alternative scenario: below 1.3830 look for further downside with 1.3795 & 1.3760 as targets.

Comment: the RSI shows upside momentum.

Our preference: long positions above 0.7830 with targets at 0.7875 & 0.7910 in extension.

Alternative scenario: below 0.7830 look for further downside with 0.7810 & 0.7770 as targets.

Comment: the RSI is mixed to bullish.

Our preference: short positions below 1.2630 with targets at 1.2550 & 1.2500 in extension.

Alternative scenario: above 1.2630 look for further upside with 1.2685 & 1.2725 as targets.

Comment: the RSI is mixed to bearish.

Our preference: long positions above 1321.00 with targets at 1332.50 & 1335.50 in extension.

Alternative scenario: below 1321.00 look for further downside with 1316.00 & 1312.00 as targets.

Comment: the RSI is supported by a bullish trend line. Prices are ranging within a bullish channel.

Our preference: short positions below 60.75 with targets at 58.75 & 58.05 in extension.

Alternative scenario: above 60.75 look for further upside with 61.35 & 62.10 as targets.

Comment: the RSI lacks upward momentum.