EUR/USD intraday: continuation of the rebound. Pivot: 1.4190.
Most Likely Scenario: LONG positions @ 1.42 with 1.432 & 1.438 as next targets.
Alternative scenario: The downside penetration of 1.419 will call for 1.4125 & 1.4045.
Comment: The pair has broken above its MT bearish channel upper boundary and remains on the upside.
Trend: ST Ltd Upside; MT Range
GBP/USD intraday: the upside prevails. Pivot: 1.6225.
Most Likely Scenario: LONG positions @ 1.6235 with targets @ 1.6325 & 1.6355.
Alternative scenario: The downside penetration of 1.6225 will call for 1.618 & 1.615.
Comment: The RSI is well directed, the pair should post further advance.
USD/JPY intraday: under pressure. Pivot: 81.50.
Most Likely Scenario: SHORT positions @ 81.45 with targets @ 80.95 & 80.7.
Alternative scenario: The upside penetration of 81.5 will call for 81.75 & 81.95.
Comment: The RSI has broken below a rising trend line, the pair should face further weakness.
AUD/USD intraday: expect 1.071. Pivot: 1.06
Most Likely Scenario: Long positions above 1.06 with targets @ 1.071 & 1.075 in extension.
Alternative scenario: Below 1.06 look for further downside with 1.0535 & 1.05 as targets.
Comment: The RSI calls for a new upleg.
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