EUR/USD intraday: limited upside. Pivot: 1.4580.
Most Likely Scenario: LONG positions @ 1.4595 with 1.4735 & 1.48 as next targets.
Alternative scenario: The downside penetration of 1.458 will call for 1.4505 & 1.4466.
Comment: The pair has broken above a bearish channel resistance. However, the RSI is close to a resistance area limiting the immediate upside potential.
Trend: ST Ltd Upside; MT Range
GBP/USD intraday: bullish bias above 1.6425 Pivot: 1.6425.
Most Likely Scenario: LONG positions @ 1.6435 with targets @ 1.6535 & 1.657.
Alternative scenario: The downside penetration of 1.6425 will call for a slide towards 1.6385 & 1.633.
Comment: The support area at 1.6425 maintains a strong bullish bias.
USD/JPY intraday: capped by a negative trend line. Pivot: 82.00.
Most Likely Scenario: SHORT positions @ 81.9 with 81.25 & 81.1 in sight.
Alternative scenario: The upside penetration of 82 will call for a rebound towards 82.45 & 82.75.
Comment: The pair is capped by a declining trend line.
AUD/USD intraday: the upside prevails. Pivot: 1.0735
Most Likely Scenario: Long positions above 1.0735 with targets @ 1.0885 & 1.092 in extension.
Alternative scenario: Below 1.0735 look for further downside with 1.0675 & 1.065 as targets.
Comment: The RSI is well directed, the pair is breaking above its resistance.
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