EUR/USD intraday: supported by a rising trend line. Pivot: 1.4225.
Most Likely Scenario: LONG positions @ 1.4235 with targets @ 1.434 & 1.442.
Alternative scenario: The downside penetration of 1.4225 will call for 1.4175 & 1.4125.
Comment: The pair remains supported by a rising trend line and is challenging its resistance.
Trend: ST Ltd Upside; MT Range
GBP/USD intraday: the upside prevails. Pivot: 1.6190.
Most Likely Scenario: LONG positions @ 1.62 with targets @ 1.6255 & 1.629.
Alternative scenario: The downside penetration of 1.619 will call for 1.613 & 1.61.
Comment: The RSI is supported by a rising trend line, the pair remains on the upside and is challenging its resistance.
USD/JPY intraday: the upside prevails. Pivot: 81.45.
Most Likely Scenario: LONG positions @ 81.5 with targets @ 82 & 82.25.
Alternative scenario: The downside breakout of 81.45 will open the way to 81.2 & 80.95.
Comment: The pair stands above its new support and remains on the upside.
AUD/USD intraday: key ST resistance at 1.07. Pivot: 1.07
Most Likely Scenario: Short positions below 1.07 with targets @ 1.0595 & 1.057 in extension.
Alternative scenario: Above 1.07 look for further upside with 1.0745 & 1.08 as targets.
Comment: The RSI lacks upward momentum.
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