Our preference: long positions above 1.2320 with targets at 1.2430 & 1.2455 in extension.

Alternative scenario: below 1.2320 look for further downside with 1.2280 & 1.2250 as targets.

Comment: the RSI shows upside momentum.

Our preference: long positions above 0.9370 with targets at 0.9420 & 0.9445 in extension.

Alternative scenario: below 0.9370 look for further downside with 0.9345 & 0.9320 as targets.

Comment: the RSI lacks downward momentum.

Our preference: short positions below 106.50 with targets at 105.80 & 105.60 in extension.

Alternative scenario: above 106.50 look for further upside with 106.90 & 107.20 as targets.

Comment: the RSI lacks upward momentum.

Our preference: long positions above 1.3815 with targets at 1.3915 & 1.3955 in extension.

Alternative scenario: below 1.3815 look for further downside with 1.3765 & 1.3715 as targets.

Comment: the RSI shows upside momentum.

Our preference: long positions above 0.7775 with targets at 0.7835 & 0.7855 in extension.

Alternative scenario: below 0.7775 look for further downside with 0.7750 & 0.7725 as targets.

Comment: the RSI shows upside momentum.

Our preference: short positions below 1.3000 with targets at 1.2885 & 1.2845 in extension.

Alternative scenario: above 1.3000 look for further upside with 1.3055 & 1.3120 as targets.

Comment: the RSI shows downside momentum.

Our preference: long positions above 1320.50 with targets at 1331.00 & 1334.00 in extension.

Alternative scenario: below 1320.50 look for further downside with 1317.00 & 1314.00 as targets.

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

Our preference: long positions above 62.40 with targets at 63.45 & 63.85 in extension.

Alternative scenario: below 62.40 look for further downside with 61.95 & 61.45 as targets.

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