EUR/USD intraday: the upside prevails.Pivot: 1.4320.
Most Likely Scenario: LONG positions @ 1.433 with 1.44 & 1.442 as next targets.
Alternative scenario: The downside penetration of 1.432 will call for 1.4265 & 1.421.
Comment: The RSI is supported by a rising trend line, the pair has broken above its resistance and remains within a bullish channel.
Trend: ST Ltd Upside; MT Range
GBP/USD intraday: further advance.Pivot: 1.6480.
Most Likely Scenario: LONG positions @ 1.649 with 1.6575 & 1.6615 in sight.
Alternative scenario: The downside penetration of 1.648 will call for 1.642 & 1.638.
Comment: The pair has validated a falling wedge pattern and should post further advance.
USD/JPY intraday: rebound. Pivot: 81.00.
Most Likely Scenario: LONG positions @ 81.1 with 81.45 & 81.65 as next targets.
Alternative scenario: The downside penetration of 81 will call for 80.75 & 80.5.
Comment: The pair has rebounded on its support and should post further advance as the RSI is well directed.
AUD/USD intraday: further upside. Pivot: 1.0675
Most Likely Scenario: Long positions above 1.0675 with targets @ 1.076 & 1.078 in extension.
Alternative scenario: Below 1.0675 look for further downside with 1.065 & 1.0615 as targets.
Comment: The RSI is bullish and calls for further upside.
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