EUR/USD intraday: the upside prevails. Pivot: 1.477
Most Likely Scenario: Long positions above 1.477 with targets @ 1.488 & 1.493 in extension.
Alternative scenario: Below 1.477 look for further downside with 1.471 & 1.4655 as targets.
Comment: The pair remains on the upside and is approaching its previous high.
GBP/USD intraday: under pressure. Pivot: 1.67
Most Likely Scenario: Short positions below 1.67 with targets @ 1.662 & 1.6575 in extension.
Alternative scenario: Above 1.67 look for further upside with 1.6750 & 1.68 as targets.
Comment: The pair has struck against its resistance and should face further down move.
USD/JPY intraday: under pressure. Pivot: 82
Most Likely Scenario: Short positions below 82 with targets @ 81.25 & 80.9 in extension.
Alternative scenario: Above 82 look for further upside with 82.45 & 82.75 as targets.
Comment: The RSI is mixed to bearish, the pair is under pressure and is challenging its new support.
AUD/USD intraday: bullish bias above 1.085. Pivot: 1.085
Most Likely Scenario: Long positions above 1.085 with targets @ 1.095 & 1.1 in extension.
Alternative scenario: Below 1.085 look for further downside with 1.078 & 1.0715 as targets.
Comment: The pair remains on the upside and is challenging its resistance.
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