EUR/USD intraday: rebound.
Pivot: 1.413
Most Likely Scenario: Long positions above 1.413 with targets @ 1.4265 & 1.4325 in extension.
Alternative scenario: Below 1.413 look for further downside with 1.4065 & 1.4025 as targets.
Comment: the pair is breaking above its resistance, the RSI is supported by a rising trend line.
GBP/USD intraday: under pressure.
Pivot: 1.6175
Most Likely Scenario: Short positions below 1.6175 with targets @ 1.61 & 1.6075 in extension.
Alternative scenario: Above 1.6175 look for further upside with 1.6225 & 1.6285 as targets.
Comment: the pair stands below its resistance, the RSI is mixed to bearish.
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USD/JPY intraday: under pressure.
Pivot: 80.7
Most Likely Scenario: Short positions below 80.7 with targets @ 80.25 & 80.05 in extension.
Alternative scenario: Above 80.7 look for further upside with 80.9 & 81.1 as targets.
Comment: the RSI is capped by a declining trend line, the pair is breaking below its support and should face further down move.
AUD/USD intraday: rebound.
Pivot: 1.051
Most Likely Scenario: Long positions above 1.051 with targets @ 1.0625 & 1.065 in extension.
Alternative scenario: Below 1.051 look for further downside with 1.0475 & 1.044 as targets.
Comment: the RSI calls for a rebound.
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