EUR/USD intraday: under pressure. Pivot: 1.4300.
Most Likely Scenario: SHORT positions @ 1.429 with 1.418 & 1.413 in sight.
Alternative scenario: The upside penetration of 1.43 will call for a rebound towards 1.4345 & 1.44.
Comment: The pair has broken below a rising trend line, the pair should should face further weakness.
Trend: ST Ltd Upside; MT Range
GBP/USD intraday: under pressure.Pivot: 1.6175.
Most Likely Scenario: SHORT positions @ 1.6165 with 1.61 & 1.6075 as next targets.
Alternative scenario: The upside breakout of 1.6175 will open the way to 1.6225 & 1.6285.
Comment: The pair should reach its previous low as the RSI has broken below a rising trend line.
USD/JPY intraday: under pressure. Pivot: 80.50.
Most Likely Scenario: SHORT positions @ 80.45 with 80 & 79.9 in sight.
Alternative scenario: The upside breakout of 80.5 will open the way to 80.7 & 80.9.
Comment: The pair is posting a rebound but stands below its new resistance.
AUD/USD intraday: under pressure. Pivot: 1.059
Most Likely Scenario: Short positions below 1.059 with targets @ 1.0505 & 1.0475 in extension.
Alternative scenario: Above 1.059 look for further upside with 1.063 & 1.065 as targets.
Comment: The RSI broke below a rising trend line.
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