Our preference: short positions below 1.1760 with targets at 1.1730 & 1.1710 in extension.

Alternative scenario: above 1.1760 look for further upside with 1.1775 & 1.1795 as targets.

Comment: the break below the support at 1.1760 triggered a downward acceleration to 1.1710. The pair has just broken below a key rising trend line in place since September bottom.

Our preference: long positions above 0.9655 with targets at 0.9700 & 0.9735 in extension.

Alternative scenario: below 0.9655 look for further downside with 0.9635 & 0.9620 as targets.

Comment: the RSI is bullish and calls for further upside.

Our preference: long positions above 112.75 with targets at 113.15 & 113.35 in extension.

Alternative scenario: below 112.75 look for further downside with 112.50 & 112.35 as targets.

Comment: the immediate trend remains up and the momentum is strong.

Our preference: short positions below 1.3170 with targets at 1.3120 & 1.3095 in extension.

Alternative scenario: above 1.3170 look for further upside with 1.3195 & 1.3225 as targets.

Comment: the RSI is bearish and calls for further downside.

Our preference: short positions below 0.7275 with targets at 0.7235 & 0.7215 in extension.

Alternative scenario: above 0.7275 look for further upside with 0.7290 & 0.7300 as targets.

Comment: the RSI is bearish and calls for further downside.

Our preference: long positions above 1.2940 with targets at 1.2985 & 1.3000 in extension.

Alternative scenario: below 1.2940 look for further downside with 1.2920 & 1.2905 as targets.

Comment: the RSI is supported by a rising trend line.

Our preference: short positions below 1200.00 with targets at 1194.00 & 1191.50 in extension.

Alternative scenario: above 1200.00 look for further upside with 1202.50 & 1204.00 as targets.

Comment: the break below the support at 1200.00 triggered a downward acceleration to 1191.50.

Our preference: long positions above 71.80 with targets at 72.80 & 73.10 in extension.

Alternative scenario: below 71.80 look for further downside with 71.35 & 70.90 as targets.

Comment: the RSI is bullish and calls for further upside.