EUR/USD intraday: further upside. Pivot: 1.4770.
Most Likely Scenario: LONG positions above 1.477 with 1.488 & 1.493 in sight.
Alternative scenario: The downside penetration of 1.477 will call for 1.4685 & 1.464.
Comment: The immediate trend remains up and the momentum is strong.
Trend: ST Ltd Upside; MT Range
GBP/USD intraday: caution. Pivot: 1.6700.
Most Likely Scenario: SHORT positions below 1.67 with targets @ 1.662 & 1.6575.
Alternative scenario: The upside penetration of 1.67 will call for 1.675 & 1.68.
Comment: The upward potential is likely to be limited by the resistance at 1.67.
USD/JPY intraday: under pressure. Pivot: 82.00.
Most Likely Scenario: SHORT positions below 82 with 81.25 & 80.9 in sight.
Alternative scenario: The upside penetration of 82 will call for 82.45 & 82.75.
Comment: The RSI lacks upward momentum.
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 stands above its support and should post a rebound.
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