Our preference: long positions above 1.1065 with targets at 1.1090 & 1.1105 in extension.

Alternative scenario: below 1.1065 look for further downside with 1.1055 & 1.1040 as targets.

Comment: the RSI is mixed to bullish.

Our preference: short positions below 0.9925 with targets at 0.9870 & 0.9845 in extension.

Alternative scenario: above 0.9925 look for further upside with 0.9935 & 0.9955 as targets.

Comment: the RSI is mixed to bearish.

Our preference: short positions below 109.20 with targets at 108.60 & 108.45 in extension.

Alternative scenario: above 109.20 look for further upside with 109.30 & 109.50 as targets.

Comment: the RSI shows downside momentum.

Our preference: long positions above 1.2950 with targets at 1.3010 & 1.3030 in extension.

Alternative scenario: below 1.2950 look for further downside with 1.2925 & 1.2910 as targets.

Comment: the RSI shows upside momentum.

Our preference: long positions above 0.6825 with targets at 0.6860 & 0.6875 in extension.

Alternative scenario: below 0.6825 look for further downside with 0.6810 & 0.6795 as targets.

Comment: the RSI is mixed to bullish.

Our preference: long positions above 1.3280 with targets at 1.3320 & 1.3335 in extension.

Alternative scenario: below 1.3280 look for further downside with 1.3270 & 1.3255 as targets.

Comment: the RSI shows upside momentum.

Our preference: long positions above 1458.00 with targets at 1466.50 & 1469.00 in extension.

Alternative scenario: below 1458.00 look for further downside with 1453.50 & 1450.00 as targets.

Comment: the RSI has just landed on its neutrality area at 50% and is turning up.

Our preference: short positions below 56.60 with targets at 55.65 & 55.00 in extension.

Alternative scenario: above 56.60 look for further upside with 57.20 & 57.65 as targets.

Comment: as long as 56.60 is resistance, look for choppy price action with a bearish bias.