EUR/USD intraday: supported by a rising trend line.
Pivot: 1.4325
Most Likely Scenario: Long positions above 1.4325 with targets @ 1.4435 & 1.45 in extension.
Alternative scenario: Below 1.4325 look for further downside with 1.429 & 1.425 as targets.
Comment: the RSI is supported by a rising trend line, the pair remains within a bullish channel.
GBP/USD intraday: under pressure.
Pivot: 1.62
Most Likely Scenario: Short positions below 1.62 with targets @ 1.611 & 1.6075 in extension.
Alternative scenario: Above 1.62 look for further upside with 1.623 & 1.626 as targets.
Comment: the RSI is badly directed, the pair has broken below its support and remains under pressure.
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USD/JPY intraday: the downside prevails.
Pivot: 80.4
Most Likely Scenario: Short positions below 80.4 with targets @ 80 & 79.9 in extension.
Alternative scenario: Above 80.4 look for further upside with 80.5 & 80.7 as targets.
Comment: the pair has struck against its resistance and remains under pressure.
AUD/USD intraday: caution.
Pivot: 1.056
Most Likely Scenario: Long positions above 1.056 with targets @ 1.0625 & 1.0655 in extension.
Alternative scenario: Below 1.056 look for further downside with 1.053 & 1.05 as targets.
Comment: intraday technical indicators are mixed and call for caution.
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