Our preference: short positions below 1.1050 with targets at 1.0950 & 1.0900 in extension.

Alternative scenario: above 1.1050 look for further upside with 1.1095 & 1.1135 as targets.

Comment: the RSI shows downside momentum.

Our preference: long positions above 0.9560 with targets at 0.9650 & 0.9675 in extension.

Alternative scenario: below 0.9560 look for further downside with 0.9535 & 0.9500 as targets.

Comment: the RSI shows upside momentum.

Our preference: short positions below 107.85 with targets at 106.70 & 106.25 in extension.

Alternative scenario: above 107.85 look for further upside with 108.50 & 109.05 as targets.

Comment: the RSI lacks upward momentum.

Our preference: short positions below 1.2025 with targets at 1.1895 & 1.1840 in extension.

Alternative scenario: above 1.2025 look for further upside with 1.2090 & 1.2130 as targets.

Comment: the RSI shows downside momentum.

Our preference: short positions below 0.5980 with targets at 0.5900 & 0.5860 in extension.

Alternative scenario: above 0.5980 look for further upside with 0.6040 & 0.6085 as targets.

Comment: the RSI shows downside momentum.

Our preference: long positions above 1.4240 with targets at 1.4350 & 1.4400 in extension.

Alternative scenario: below 1.4240 look for further downside with 1.4160 & 1.4080 as targets.

Comment: the RSI shows upside momentum.

Our preference: short positions below 1533.00 with targets at 1465.00 & 1451.00 in extension.

Alternative scenario: above 1533.00 look for further upside with 1546.00 & 1563.00 as targets.

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

Our preference: short positions below 26.35 with targets at 24.40 & 23.15 in extension.

Alternative scenario: above 26.35 look for further upside with 27.20 & 28.10 as targets.

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