Our preference: long positions above 1.1620 with targets at 1.1680 & 1.1700 in extension.

Alternative scenario: below 1.1620 look for further downside with 1.1605 & 1.1590 as targets.

Comment: the RSI shows upside momentum.

Our preference: short positions below 0.9225 with targets at 0.9180 & 0.9165 in extension.

Alternative scenario: above 0.9225 look for further upside with 0.9245 & 0.9260 as targets.

Comment: the RSI shows downside momentum.

Our preference: short positions below 114.25 with targets at 113.85 & 113.70 in extension.

Alternative scenario: above 114.25 look for further upside with 114.50 & 114.65 as targets.

Comment: the RSI lacks upward momentum.

Our preference: long positions above 1.3745 with targets at 1.3850 & 1.3885 in extension.

Alternative scenario: below 1.3745 look for further downside with 1.3710 & 1.3690 as targets.

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

Our preference: long positions above 0.7430 with targets at 0.7480 & 0.7500 in extension.

Alternative scenario: below 0.7430 look for further downside with 0.7415 & 0.7395 as targets.

Comment: the RSI shows upside momentum.

Our preference: short positions below 1.2355 with targets at 1.2310 & 1.2290 in extension.

Alternative scenario: above 1.2355 look for further upside with 1.2385 & 1.2410 as targets.

Comment: the RSI is mixed to bearish.

Our preference: long positions above 1773.00 with targets at 1785.00 & 1791.00 in extension.

Alternative scenario: below 1773.00 look for further downside with 1765.00 & 1759.00 as targets.

Comment: the break above 1773.00 is a positive signal that has opened a path to 1785.00.

Our preference: long positions above 82.80 with targets at 83.85 & 84.40 in extension.

Alternative scenario: below 82.80 look for further downside with 82.30 & 81.80 as targets.

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