EUR/USD Intraday: under pressure.
Pivot: 1.3845
Most Likely Scenario: Short positions below 1.3845 with targets @ 1.377 & 1.3745 in extension.
Alternative scenario: Above 1.3845 look for further upside with 1.388 & 1.39 as targets.
Comment: The pair is posting a rebound but stands below its resistance.
GBP/USD Intraday: key resistance at 1.652.
Pivot: 1.652
Most Likely Scenario: Short positions below 1.652 with targets @ 1.647 & 1.643 in extension.
Alternative scenario: Above 1.652 look for further upside with 1.658 & 1.6605 as targets.
Comment: The pair stands below its resistance and remains under pressure.
USD/JPY Intraday: further upside.
Pivot: 102.2
Most Likely Scenario: Long @ 102.35 with targets @ 102.85 & 103.15 in extension.
Alternative scenario: Below 102.2 look for further downside with 102 & 101.75 as targets.
Comment: The pair has validated a Bullish Flag pattern and should post further upside.
AUD/USD Intraday: bullish bias above 0.9035.
Pivot: 0.9035
Most Likely Scenario: Long positions above 0.9035 with targets @ 0.91 & 0.914 in extension.
Alternative scenario: Below 0.9035 look for further downside with 0.899 & 0.8945 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
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