Our preference: short positions below 1.1000 with targets at 1.0980 & 1.0965 in extension.

Alternative scenario: above 1.1000 look for further upside with 1.1010 & 1.1025 as targets.

Comment: the upward potential is likely to be limited by the resistance at 1.1000.

Our preference: short positions below 0.9915 with targets at 0.9865 & 0.9850 in extension.

Alternative scenario: above 0.9915 look for further upside with 0.9935 & 0.9960 as targets.

Comment: the RSI shows downside momentum.

Our preference: long positions above 107.50 with targets at 107.75 & 107.90 in extension.

Alternative scenario: below 107.50 look for further downside with 107.30 & 107.15 as targets.

Comment: the RSI shows upside momentum.

Our preference: long positions above 1.2410 with targets at 1.2490 & 1.2520 in extension.

Alternative scenario: below 1.2410 look for further downside with 1.2390 & 1.2365 as targets.

Comment: the RSI shows upside momentum.

Our preference: long positions above 0.6760 with targets at 0.6810 & 0.6830 in extension.

Alternative scenario: below 0.6760 look for further downside with 0.6740 & 0.6730 as targets.

Comment: the RSI shows upside momentum.

Our preference: short positions below 1.3270 with targets at 1.3240 & 1.3230 in extension.

Alternative scenario: above 1.3270 look for further upside with 1.3285 & 1.3300 as targets.

Comment: the RSI shows downside momentum.

Our preference: long positions above 1516.00 with targets at 1526.50 & 1531.00 in extension.

Alternative scenario: below 1516.00 look for further downside with 1511.50 & 1507.00 as targets.

Comment: the RSI calls for a new upleg.

Our preference: short positions below 58.65 with targets at 57.90 & 57.65 in extension.

Alternative scenario: above 58.65 look for further upside with 58.85 & 59.05 as targets.

Comment: the RSI calls for a drop.