EUR/USD intraday: the upside prevails. Pivot: 1.4580.
Most Likely Scenario: LONG positions @ 1.459 with targets @ 1.47 & 1.4755.
Alternative scenario: The downside breakout of 1.458 will open the way to 1.452 & 1.4445.
Comment: The pair should pull back on its intermediary support ahead of further up move.
Trend: ST Ltd Upside; MT Range
GBP/USD intraday: the upside prevails. Pivot: 1.6375.
Most Likely Scenario: LONG positions @ 1.6385 with 1.6475 & 1.6515 as next targets.
Alternative scenario: The downside breakout of 1.6375 will open the way to 1.6325 & 1.628.
Comment: The pair has struck against its resistance and is facing a pull back on its new support.
USD/JPY intraday: capped by a negative trend line. Pivot: 80.70.
Most Likely Scenario: SHORT positions @ 80.65 with 80.05 & 79.85 as next targets.
Alternative scenario: The upside penetration of 80.7 will call for a rebound towards 81 & 81.2.
Comment: The pair stands below its new resistance and remains under pressure.
AUD/USD intraday: the upside prevails. Pivot: 1.0675
Most Likely Scenario: Long positions above 1.0675 with targets @ 1.0775 & 1.08 in extension.
Alternative scenario: Below 1.0675 look for further downside with 1.0645 & 1.0595 as targets.
Comment: The pair is on the upside and is challenging its resistance, the RSI is mixed to bullish.
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