EUR/USD intraday: further advance.
Pivot: 1.425
Most Likely Scenario: Long positions above 1.425 with targets @ 1.4445 & 1.451 in extension.
Alternative scenario: Below 1.425 look for further downside with 1.42 & 1.416 as targets.
Comment: the pair has broken above its declining trend line and should post further advance.
GBP/USD intraday: further advance.
Pivot: 1.6325
Most Likely Scenario: Long positions above 1.6325 with targets @ 1.6425 & 1.6465 in extension.
Alternative scenario: Below 1.6325 look for further downside with 1.6305 & 1.627 as targets.
Comment: the pair and its intraday RSI have broken above their declining trend lines.
USD/JPY intraday: under pressure.
Pivot: 80.85
Most Likely Scenario: Short positions below 80.85 with targets @ 80.5 & 80.15 in extension.
Alternative scenario: Above 80.85 look for further upside with 81.3 & 81.7 as targets.
Comment: the pair is challenging its new resistance.
AUD/USD intraday: the bias remains bullish.
Pivot: 1.0705
Most Likely Scenario: Long positions above 1.0705 with targets @ 1.0815 & 1.0875 in extension.
Alternative scenario: Below 1.0705 look for further downside with 1.0635 & 1.06 as targets.
Comment: the pair has rebounded on its support and is challenging its resistance.
