EUR/USD intraday: bullish bias above 1.4765
Pivot: 1.4765.
Most Likely Scenario: LONG positions above 1.4765 with 1.4875 & 1.4905 in sight.
Alternative scenario: The downside penetration of 1.4765 will call for 1.471 & 1.4655.
Comment: A support base at 1.4765 has formed and has allowed for a temporary stabilisation.
Trend: ST Ltd Upside; MT Range
GBP/USD intraday: bullish bias above 1.6575
Pivot: 1.6575.
Most Likely Scenario: LONG positions above 1.6575 with 1.666 & 1.672 as next targets.
Alternative scenario: The downside penetration of 1.6575 will call for a slide towards 1.653 & 1.65.
Comment: The pair bounced off its bearish channel support.
USD/JPY intraday: capped by a negative trend line.
Pivot: 81.30.
Most Likely Scenario: SHORT positions below 81.3 with 80.6 & 80.3 as next targets.
Alternative scenario: The upside breakout of 81.3 will open the way to 81.7 & 81.9.
Comment: The RSI calls for a new downleg.
AUD/USD intraday: the downside prevails.
Pivot: 1.097
Most Likely Scenario: Short positions below 1.097 with targets @ 1.085 & 1.079 in extension.
Alternative scenario: Above 1.097 look for further upside with 1.1015 & 1.1095 as targets.
Comment: Both the pair and the RSI have broken below a bullish trend line.
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