EUR/USD intraday: further advance. Pivot: 1.423
Most Likely Scenario: Long positions above 1.423 with targets @ 1.4345 & 1.438 in extension.
Alternative scenario: Below 1.423 look for further downside with 1.419 & 1.4125 as targets.
Comment: The RSI is bullish and calls for further advance.
GBP/USD intraday: continuation of the rebound. Pivot: 1.598
Most Likely Scenario: Long positions above 1.598 with targets @ 1.6075 & 1.611 in extension.
Alternative scenario: Below 1.598 look for further downside with 1.5935 & 1.5885 as targets.
Comment: The price remains on the upside and is breaking through its resistance.
USD/JPY intraday: the downside prevails. Pivot: 80.4
Most Likely Scenario: Short positions below 80.4 with targets @ 80.15 & 80 in extension.
Alternative scenario: Above 80.4 look for further upside with 80.55 & 80.65 as targets.
Comment: The RSI is capped by a bearish trend line
AUD/USD intraday: continuation of the rebound. Pivot: 1.053
Most Likely Scenario: Long positions above 1.053 with targets @ 1.0615 & 1.065 in extension.
Alternative scenario: Below 1.053 look for further downside with 1.0505 & 1.0455 as targets.
Comment: A bullish flag pattern is confirmed, calling further upside.
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