EUR/USD intraday: further advance. Pivot: 1.4290.
Most Likely Scenario: LONG positions @ 1.43 with 1.44 & 1.445 as next targets.
Alternative scenario: The downside penetration of 1.429 will call for a slide towards 1.424 & 1.418.
Comment: The RSI is well directed, the pair has rebounded on its new support and should post further advance.
Trend: ST Ltd Upside; MT Range
GBP/USD intraday: rebound. Pivot: 1.6170.
Most Likely Scenario: LONG positions @ 1.618 with targets @ 1.626 & 1.6285.
Alternative scenario: The downside penetration of 1.617 will call for 1.615 & 1.611.
Comment: The RSI is supported by a rising trend line, the pair has rebounded on its support and remains on the upside.
USD/JPY intraday: under pressure. Pivot: 80.40.
Most Likely Scenario: SHORT positions @ 80.35 with 80 & 79.9 as next targets.
Alternative scenario: The upside penetration of 80.4 will call for 80.5 & 80.7.
Comment: The pair is posting a rebound but stands below its new resistance.
AUD/USD intraday: limited upside. Pivot: 1.051
Most Likely Scenario: Long positions above 1.051 with targets @ 1.0615 & 1.0655 in extension.
Alternative scenario: Below 1.051 look for further downside with 1.0475 & 1.045 as targets.
Comment: The RSI is mixed with a bullish bias.
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