EUR/USD intraday: further upside. Pivot: 1.4205.
Most Likely Scenario: LONG positions @ 1.4215 with targets @ 1.434 & 1.438.
Alternative scenario: The downside penetration of 1.4205 will call for a slide towards 1.4125 & 1.4085.
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: under pressure. Pivot: 1.6210.
Most Likely Scenario: SHORT positions @ 1.62 with targets @ 1.61 & 1.607.
Alternative scenario: The upside penetration of 1.621 will call for 1.6255 & 1.629.
Comment: the pair has struck against its resistance and should face further down move as the RSI is turning down.
USD/JPY intraday: the upside prevails. Pivot: 81.35.
Most Likely Scenario: LONG positions @ 81.4 with 81.8 & 81.95 in sight.
Alternative scenario: The downside breakout of 81.35 will open the way to 80.95 & 80.7.
Comment: the pair stands above its new support and remains on the upside.
AUD/USD intraday: intraday support around 1.0625. Pivot: 1.0625
Most Likely Scenario: Long positions above 1.0625 with targets @ 1.0715 & 1.075 in extension.
Alternative scenario: Below 1.0625 look for further downside with 1.057 & 1.0535 as targets.
Comment: the RSI is mixed with a bullish bias.
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