Our preference: short positions below 1.2340 with targets at 1.2285 & 1.2255 in extension.

Alternative scenario: above 1.2340 look for further upside with 1.2375 & 1.2410 as targets.

Comment: the RSI lacks upward momentum.

Our preference: long positions above 0.9530 with targets at 0.9590 & 0.9610 in extension.

Alternative scenario: below 0.9530 look for further downside with 0.9505 & 0.9475 as targets.

Comment: the RSI lacks downward momentum.

Our preference: long positions above 106.35 with targets at 106.70 & 107.00 in extension.

Alternative scenario: below 106.35 look for further downside with 106.05 & 105.70 as targets.

Comment: the RSI lacks downward momentum.

Our preference: short positions below 1.4100 with targets at 1.4020 & 1.3990 in extension.

Alternative scenario: above 1.4100 look for further upside with 1.4120 & 1.4165 as targets.

Comment: the RSI lacks upward momentum.

Our preference: long positions above 0.7640 with targets at 0.7700 & 0.7720 in extension.

Alternative scenario: below 0.7640 look for further downside with 0.7605 & 0.7585 as targets.

Comment: the RSI shows upside momentum.

Our preference: long positions above 1.2885 with targets at 1.2935 & 1.2960 in extension.

Alternative scenario: below 1.2885 look for further downside with 1.2860 & 1.2835 as targets.

Comment: the RSI lacks downward momentum.

Our preference: short @ 1325.00 with targets @ 1317.75 & 1313.25 in extension.

Alternative scenario: above 1328.50 look for further upside with 1333.50 & 1340.00 as targets.

Comment: as long as 1328.50 is resistance, look for choppy price action with a bearish bias.

Our preference: short positions below 65.11 with targets at 64.10 & 63.70 in extension.

Alternative scenario: above 65.11 look for further upside with 65.58 & 65.95 as targets.

Comment: as long as 65.11 is resistance, likely decline to 64.10.