EUR/USD intraday: the upside prevails. Pivot: 1.4555.
Most Likely Scenario: LONG positions @ 1.4565 with targets @ 1.464 & 1.47.
Alternative scenario: The downside breakout of 1.4555 will open the way to 1.452 & 1.445.
Comment: The RSI has broken above a declining trend line, the pair has rebounded on its support and remains on the upside.
Trend: ST Ltd Upside; MT Range
GBP/USD intraday: the upside prevails. Pivot: 1.6350.
Most Likely Scenario: LONG positions @ 1.636 with 1.646 & 1.65 as next targets.
Alternative scenario: The downside breakout of 1.635 will open the way to 1.631 & 1.6275.
Comment: The pair remains within a bullish channel.
USD/JPY intraday: rebound. Pivot: 79.85.
Most Likely Scenario: LONG positions @ 79.9 with 80.4 & 80.7 as next targets.
Alternative scenario: The downside breakout of 79.85 will open the way to 79.6 & 79.45.
Comment: The pair has broken above its channel upper boundary and should post a rebound.
AUD/USD intraday: the downside prevails. Pivot: 1.065
Most Likely Scenario: Short positions below 1.065 with targets @ 1.056 & 1.0545 in extension.
Alternative scenario: Above 1.065 look for further upside with 1.0685 & 1.072 as targets.
Comment: The pair is under pressure and is challenging its support.
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