EUR/USD intraday: the downside prevails. Pivot: 1.4125.
Most Likely Scenario: SHORT positions @ 1.4115 with 1.3965 & 1.3865 as next targets.
Alternative scenario: The upside penetration of 1.4125 will call for 1.42 & 1.423.
Comment: The RSI is capped by a bearish trend line.
Trend: ST Ltd Upside; MT Range
GBP/USD intraday: the downside prevails. Pivot: 1.6180.
Most Likely Scenario: SHORT positions @ 1.617 with targets @ 1.6055 & 1.603.
Alternative scenario: The upside penetration of 1.618 will call for a rebound towards 1.6212 & 1.6235.
Comment: The RSI is capped by a declining trend line.
USD/JPY intraday: testing the channel support. Pivot: 81.55.
Most Likely Scenario: LONG positions @ 81.61 with 82.1 & 82.25 in sight.
Alternative scenario: The downside breakout of 81.55 will open the way to 81.3 & 80.95.
Comment: The pair stands in a bullish channel.
AUD/USD intraday: key ST resistance at 1.061. Pivot: 1.061
Most Likely Scenario: Short positions below 1.061 with targets @ 1.0475 & 1.042 in extension.
Alternative scenario: Above 1.061 look for further upside with 1.068 & 1.071 as targets.
Comment: The upward potential is likely to be limited by the resistance at 1.061.
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