Pivot: 1818.00

Our preference:

long positions above 1818.00 with targets at 1837.00 & 1843.00 in extension.

Alternative scenario:

below 1818.00 look for further downside with 1812.00 & 1807.00 as targets.

Comment:

even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Our key levels:

Pivot	Last
1818.00	1827.00
Resistances	Supports
1850.00 1843.00 1837.00	1818.00 1812.00 1807.00

Pivot: 72.85

Our preference:

long positions above 72.85 with targets at 73.70 & 74.25 in extension.

Alternative scenario:

below 72.85 look for further downside with 72.50 & 72.20 as targets.

Comment:

a support base at 72.85 has formed and has allowed for a temporary stabilisation.

Our key levels:

Pivot	Last
72.85	73.06
Resistances	Supports
74.85 74.25 73.70	72.85 72.50 72.20

Pivot: 109.70

Our preference:

short positions below 109.70 with targets at 109.35 & 109.20 in extension.

Alternative scenario:

above 109.70 look for further upside with 109.90 & 110.10 as targets.

Comment:

the RSI is mixed to bearish.

Our key levels:

Pivot	Last
109.70	109.50
Resistances	Supports
110.10 109.90 109.70	109.35 109.20 109.00

Pivot: 1.2480

Our preference:

short positions below 1.2480 with targets at 1.2430 & 1.2400 in extension.

Alternative scenario:

above 1.2480 look for further upside with 1.2510 & 1.2540 as targets.

Comment:

as long as the resistance at 1.2480 is not surpassed, the risk of the break below 1.2430 remains high.

Our key levels:

Pivot	Last
1.2480	1.2465
Resistances	Supports
1.2540 1.2510 1.2480	1.2430 1.2400 1.2380

Pivot: 1.3975

Our preference:

short positions below 1.3975 with targets at 1.3910 & 1.3885 in extension.

Alternative scenario:

above 1.3975 look for further upside with 1.4000 & 1.4020 as targets.

Comment:

the RSI shows downside momentum.

Our key levels:

Pivot	Last
1.3975	1.3939
Resistances	Supports
1.4020 1.4000 1.3975	1.3910 1.3885 1.3845

Pivot: 1.1870

Our preference:

long positions above 1.1870 with targets at 1.1895 & 1.1910 in extension.

Alternative scenario:

below 1.1870 look for further downside with 1.1855 & 1.1840 as targets.

Comment:

a support base at 1.1870 has formed and has allowed for a temporary stabilisation.

Our key levels:

Pivot	Last
1.1870	1.1881
Resistances	Supports
1.1925 1.1910 1.1895	1.1870 1.1855 1.1840

Pivot: 0.7375

Our preference:

long positions above 0.7375 with targets at 0.7410 & 0.7425 in extension.

Alternative scenario:

below 0.7375 look for further downside with 0.7360 & 0.7345 as targets.

Comment:

a support base at 0.7375 has formed and has allowed for a temporary stabilisation.

Our key levels:

Pivot	Last
0.7375	0.7391
Resistances	Supports
0.7440 0.7425 0.7410	0.7375 0.7360 0.7345