Daily Forex Technical Analysis - Pre EU Open - 21st March 2014

EUR/USD Intraday: the downside prevails.
Pivot: 1.3845

Most Likely Scenario: Short positions below 1.3845 with targets @ 1.3745 & 1.3705 in extension.
Alternative scenario: Above 1.3845 look for further upside with 1.388 & 1.39 as targets.
Comment: the RSI lacks upward momentum. The intraday process of lower lows and lower tops is still in place. As a consequence, the intraday trend remains bearish.

Daily Forex Trading Signals 20th March 2014 (Pre-EU Market Open)

EUR/USD Intraday: the downside prevails.

Most Likely Scenario: Short positions below 1.39 with targets @ 1.378 & 1.374 in extension.

Alternative scenario: Above 1.39 look for further upside with 1.3935 & 1.3965 as targets.

Comment: the break below the support at 1.39 triggered a downward acceleration to 1.374. The RSI is capped by a declining trend line.

Forex Trading Signals 12th February 2012 (Pre-US Market Open) fxflowsignals.blogsp

Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out.

EUR/USD INTRADAY: BULLISH BIAS ABOVE 1.3375. 
Pivot: 1.3375
Most Likely Scenario: Long positions above 1.3375 with targets @ 1.349 & 1.3525 in extension.
Alternative scenario: Below 1.3375 look for further downside with 1.335 & 1.328 as targets.
Comment: both the pair and the RSI have broken above a bearish trend line turning the outlook bullish.

Forex Trading Signals June 28th 2011 (Pre- EU Market Open)

EUR/USD intraday: the upside prevails. Pivot: 1.4235.
Most Likely Scenario: LONG positions above 1.4235 with targets @ 1.4355 & 1.4425.
Alternative scenario: The downside penetration of 1.4235 will call for 1.42 & 1.416.
Comment: The pair has broken above its declining trend line and remains on the upside.
Trend: ST Ltd Upside; MT Range


GBP/USD intraday: caution. Pivot: 1.5915.
Most Likely Scenario: LONG positions above 1.5915 with 1.601 & 1.604 in sight.
Alternative scenario: The downside breakout of 1.5915 will open the way to 1.5885 & 1.5825.
Comment: The pair stands above its support but lacks upward momentum.


USD/JPY intraday: the upside prevails. Pivot: 80.65.
Most Likely Scenario: LONG positions above 80.65 with targets @ 81 & 81.1.
Alternative scenario: The downside penetration of 80.65 will call for 80.5 & 80.35.
Comment: The pair stands above its support and remains on the upside.


AUD/USD intraday: under pressure. Pivot: 1.0485
Most Likely Scenario: Short positions below 1.0485 with targets @ 1.0425 & 1.039 in extension.
Alternative scenario: Above 1.0485 look for further upside with 1.052 & 1.055 as targets.
Comment: The pair is posting a rebound but stands below its resistance, caution.





Forex Megadroid Robot
Forex Growth Bot - Low Risk To Reward, Plenty Of Proof

Forex Trading Signals June 15th 2011 (Pre- EU Market Open)

EUR/USD intraday: intraday support around 1.4375 Pivot: 1.4375.

Most Likely Scenario: LONG positions @ 1.4385 with 1.4455 & 1.45 in sight.

Alternative scenario: The downside penetration of 1.4375 will call for a slide towards 1.432 & 1.43.

Comment: The pair is pulling back on its new support ahead of further advance.

Trend: ST Ltd Upside; MT Range

GBP/USD intraday: rebound expected. Pivot: 1.6340.

Most Likely Scenario: LONG positions @ 1.635 with 1.64 & 1.642 in sight.

Alternative scenario: The downside breakout of 1.634 will open the way to 1.6315 & 1.6285.

Comment: The pair stands above its new support, the RSI lacks downward momentum.

USD/JPY intraday: rebound. Pivot: 80.30.

Most Likely Scenario: LONG positions @ 80.35 with targets @ 80.7 & 80.9.

Alternative scenario: The downside breakout of 80.3 will open the way to 80.1 & 80.

Comment: The pair is rebounding on its support, the RSI is well directed.

AUD/USD intraday: 1.0755 in sight. Pivot: 1.0655

Most Likely Scenario: Long positions above 1.0655 with targets @ 1.072 & 1.0755 in extension.

Alternative scenario: Below 1.0655 look for further downside with 1.063 & 1.06 as targets.

Comment: The pair is trading in an intraday bullish channel.

Forex Trading Signals June 9th 2011

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.

Forex Trading Signals June 6th 2011 (Pre- EU Market Open)

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.

Forex Trading Signals June 2nd 2011 (Pre- EU Market Open)

EUR/USD intraday: key ST resistance at 1.439 11 Pivot: 1.4390.

Most Likely Scenario: SHORT positions @ 1.438 with 1.43 & 1.4265 in sight.

Alternative scenario: The upside penetration of 1.439 will call for 1.4425 & 1.446.

Comment: The pair has broken below its bullish channel lower boundary and should face a weakness.

Trend: ST Ltd Upside; MT Range

GBP/USD intraday: under pressure. Pivot: 1.6375.

Most Likely Scenario: SHORT positions @ 1.6365 with 1.63 & 1.6265 as next targets.

Alternative scenario: The upside penetration of 1.6375 will call for a rebound towards 1.6425 & 1.6475.

Comment: The pair remains on the downside and is approaching its support.

USD/JPY intraday: under pressure. Pivot: 81.30.

Most Likely Scenario: SHORT positions @ 81.25 with targets @ 80.85 & 80.65.

Alternative scenario: The upside breakout of 81.3 will open the way to 81.4 & 81.6.

Comment: The pair is under pressure and is challenging its support.

AUD/USD intraday: under pressure. Pivot: 1.0655

Most Likely Scenario: Short positions below 1.0655 with targets @ 1.0535 & 1.048 in extension.

Alternative scenario: Above 1.0655 look for further upside with 1.072 & 1.0755 as targets.

Comment: The break below 1.0655 is a negative signal that has opened a path to 1.0535.

Forex Trading Signals May 25th 2011 (Pre- EU Market Open)

EUR/USD intraday: the downside prevails. Pivot: 1.4085.

Most Likely Scenario: SHORT positions @ 1.4075 with 1.3965 & 1.3865 as next targets.

Alternative scenario: The upside breakout of 1.4085 will open the way to 1.4135 & 1.42.

Comment: The pair has broken below an intraday bullish channel support.

Trend: ST Ltd Upside; MT Range

GBP/USD intraday: the downside prevails. Pivot: 1.6200.

Most Likely Scenario: SHORT positions @ 1.619 with 1.6055 & 1.603 in sight.

Alternative scenario: The upside penetration of 1.62 will call for 1.6235 & 1.63.

Comment: the RSI is capped by a declining trend line.

USD/JPY intraday: testing the channel support. Pivot: 81.60.

Most Likely Scenario: LONG positions @ 81.7 with 82.1 & 82.25 in sight.

Alternative scenario: The downside breakout of 81.6 will open the way to 81.3 & 80.95.

Comment: The pair stands in a bullish channel.

AUD/USD intraday: the downside prevails.Pivot: 1.0535

Most Likely Scenario: Short positions below 1.0535 with targets @ 1.042 & 1.039 in extension.

Alternative scenario: Above 1.0535 look for further upside with 1.058 & 1.061 as targets.

Comment: The RSI is bearish and calls for further downside.

Forex Trading Signals May 24th 2011 (Pre- EU Market Open)

EUR/USD intraday: the downside prevails. Pivot: 1.4125.

Most Likely Scenario: SHORT positions @ 1.4115 with 1.3965 & 1.3865 as next targets.

Alternative scenario: The upside penetration of 1.4125 will call for 1.42 & 1.423.

Comment: The RSI is capped by a bearish trend line.

Trend: ST Ltd Upside; MT Range

GBP/USD intraday: the downside prevails. Pivot: 1.6180.

Most Likely Scenario: SHORT positions @ 1.617 with targets @ 1.6055 & 1.603.

Alternative scenario: The upside penetration of 1.618 will call for a rebound towards 1.6212 & 1.6235.

Comment: The RSI is capped by a declining trend line.

USD/JPY intraday: testing the channel support. Pivot: 81.55.

Most Likely Scenario: LONG positions @ 81.61 with 82.1 & 82.25 in sight.

Alternative scenario: The downside breakout of 81.55 will open the way to 81.3 & 80.95.

Comment: The pair stands in a bullish channel.

AUD/USD intraday: key ST resistance at 1.061. Pivot: 1.061

Most Likely Scenario: Short positions below 1.061 with targets @ 1.0475 & 1.042 in extension.

Alternative scenario: Above 1.061 look for further upside with 1.068 & 1.071 as targets.

Comment: The upward potential is likely to be limited by the resistance at 1.061.

Forex Trading Signals May 23rd 2011 (Pre- EU Market Open)

EURUSD Pivot: 1.4200.

Most Likely Scenario: SHORT positions @ 1.419 with 1.402 & 1.3955 as next targets.

Alternative scenario: The upside penetration of 1.42 will call for a rebound towards 1.43 & 1.434.

Comment: The break below 1.42 is a negative signal that has opened a path to 1.402.

Trend: ST Ltd Upside; MT Range

GBP/USD intraday: under pressure. Pivot: 1.6300.

Most Likely Scenario: SHORT positions @ 1.629 with 1.6165 & 1.613 as next targets.

Alternative scenario: The upside penetration of 1.63 will call for a rebound towards 1.6385 & 1.642.

Comment: The RSI is capped by a declining trend line.

USD/JPY intraday: the upside prevails. Pivot: 81.45.

Most Likely Scenario: LONG positions @ 81.55 with 82.25 & 82.6 as next targets.

Alternative scenario: The downside penetration of 81.45 will call for 81.2 & 80.95.

Comment: The pair stands in a bullish channel.

AUD/USD intraday: the downside prevails. Pivot: 1.061

Most Likely Scenario: Short positions below 1.061 with targets @ 1.0535 & 1.05 in extension.

Alternative scenario: Above 1.061 look for further upside with 1.072 & 1.0745 as targets.

Comment: The RSI calls for a new downleg.

Forex Trading Signals May 19th 2011 (Pre- EU Market Open)

EUR/USD intraday: further upside. Pivot: 1.4205.

Most Likely Scenario: LONG positions @ 1.4215 with targets @ 1.434 & 1.438.

Alternative scenario: The downside penetration of 1.4205 will call for a slide towards 1.4125 & 1.4085.

Comment: the pair has broken above its MT bearish channel upper boundary and remains on the upside.

Trend: ST Ltd Upside; MT Range

GBP/USD intraday: under pressure. Pivot: 1.6210.

Most Likely Scenario: SHORT positions @ 1.62 with targets @ 1.61 & 1.607.

Alternative scenario: The upside penetration of 1.621 will call for 1.6255 & 1.629.

Comment: the pair has struck against its resistance and should face further down move as the RSI is turning down.

USD/JPY intraday: the upside prevails. Pivot: 81.35.

Most Likely Scenario: LONG positions @ 81.4 with 81.8 & 81.95 in sight.

Alternative scenario: The downside breakout of 81.35 will open the way to 80.95 & 80.7.

Comment: the pair stands above its new support and remains on the upside.

AUD/USD intraday: intraday support around 1.0625. Pivot: 1.0625

Most Likely Scenario: Long positions above 1.0625 with targets @ 1.0715 & 1.075 in extension.

Alternative scenario: Below 1.0625 look for further downside with 1.057 & 1.0535 as targets.

Comment: the RSI is mixed with a bullish bias.

Forex Trading Signals May 10th 2011 (Pre- US Market Open)

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.

Forex Trading Signals May 10th Pre-EU Market Open

EUR/USD intraday: the downside prevails. Pivot: 1.4445.
Most Likely Scenario: SHORT positions below 1.4445 with 1.425 & 1.416 in sight.
Alternative scenario: The upside penetration of 1.4445 will call for 1.451 & 1.4575.
Comment: the pair has broken below a ST rising trend line.
Trend: ST Ltd Upside; MT Range

GBP/USD intraday: continuation of the rebound. Pivot: 1.6350.
Most Likely Scenario: LONG positions @ 1.636 with 1.6435 & 1.6465 as next targets.
Alternative scenario: The downside penetration of 1.635 will call for 1.6305 & 1.627.
Comment: the pair has broken above a ST declining trend line.

USD/JPY intraday: capped by a negative trend line. Pivot: 80.85.
Most Likely Scenario: SHORT positions @ 80.75 with targets @ 80.15 & 79.85.
Alternative scenario: The upside breakout of 80.85 will open the way to 81.3 & 81.7.
Comment: the pair is capped by a declining trend line.

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 struck against its resistance and is facing a pull back ahead of a rebound.

Forex Trading Signals May 6th 2011 (Pre- US Market Open)

EUR/USD intraday: the downside prevails. Pivot: 1.46

Most Likely Scenario: Short positions below 1.46 with targets @ 1.451 & 1.4455 in extension.

Alternative scenario: Above 1.46 look for further upside with 1.466 & 1.4715 as targets.

Comment: The pair remains under pressure and is challenging its support.

GBP/USD intraday: under pressure. Pivot: 1.6460

Most Likely Scenario: Short positions below 1.6460 with targets @ 1.6375 & 1.6325 in extension.

Alternative scenario: Above 1.6460 look for further upside with 1.6495 & 1.6545 as targets.

Comment: The pair stands below its new resistance and remains under pressure.

USD/JPY intraday: under pressure. Pivot: 80.7

Most Likely Scenario: Short positions below 80.7 with targets @ 80 & 79.55 in extension.

Alternative scenario: Above 80.7 look for further upside with 81 & 81.3 as targets.

Comment: The pair has struck against its bearish channel upper boundary and should face further weakness.

AUD/USD intraday: capped by a negative trend line. Pivot: 1.075

Most Likely Scenario: Short positions below 1.075 with targets @ 1.063 & 1.06 in extension.

Alternative scenario: Above 1.075 look for further upside with 1.0795 & 1.083 as targets.

Comment: The pair is posting a rebound but remains capped by a declining trend line.

Trading Signals April 27th 2011 (Pre- EU Market Open)

EUR/USD intraday: limited upside. Pivot: 1.4580.

Most Likely Scenario: LONG positions @ 1.4595 with 1.4735 & 1.48 as next targets.

Alternative scenario: The downside penetration of 1.458 will call for 1.4505 & 1.4466.

Comment: The pair has broken above a bearish channel resistance. However, the RSI is close to a resistance area limiting the immediate upside potential.

Trend: ST Ltd Upside; MT Range

GBP/USD intraday: bullish bias above 1.6425 Pivot: 1.6425.

Most Likely Scenario: LONG positions @ 1.6435 with targets @ 1.6535 & 1.657.

Alternative scenario: The downside penetration of 1.6425 will call for a slide towards 1.6385 & 1.633.

Comment: The support area at 1.6425 maintains a strong bullish bias.

USD/JPY intraday: capped by a negative trend line. Pivot: 82.00.

Most Likely Scenario: SHORT positions @ 81.9 with 81.25 & 81.1 in sight.

Alternative scenario: The upside penetration of 82 will call for a rebound towards 82.45 & 82.75.

Comment: The pair is capped by a declining trend line.

AUD/USD intraday: the upside prevails. Pivot: 1.0735

Most Likely Scenario: Long positions above 1.0735 with targets @ 1.0885 & 1.092 in extension.

Alternative scenario: Below 1.0735 look for further downside with 1.0675 & 1.065 as targets.

Comment: The RSI is well directed, the pair is breaking above its resistance.

Trading Signals April 20th 2011 (Pre- EU Market Open)

EUR/USD intraday: the upside prevails.

Pivot: 1.4330.

Most Likely Scenario: LONG positions @ 1.434 with 1.4415 & 1.445 as next targets.

Alternative scenario: The downside breakout of 1.433 will open the way to 1.43 & 1.425.

Comment: The RSI is supported by a rising trend line, the pair remains on the upside and is challenging its resistance.

Trend: ST Ltd Upside; MT Range


GBP/USD intraday: supported by a rising trend line.

Pivot: 1.6300.

Most Likely Scenario: LONG positions @ 1.631 with targets @ 1.6385 & 1.643.

Alternative scenario: The downside penetration of 1.63 will call for a slide towards 1.6255 & 1.6225.

Comment: The pair remains supported by a rising trend line and should reach its next resistance.




USD/JPY intraday: rebound.

Pivot: 82.70.

Most Likely Scenario: LONG positions @ 82.75 with 83.25 & 83.5 in sight.

Alternative scenario: The downside penetration of 82.7 will call for a slide towards 82.35 & 82.2.

Comment: The pair has broken above its MT bearish channel upper boundary and should post further advance.



AUD/USD intraday: further advance.

Pivot: 1.0535

Most Likely Scenario: Long positions above 1.0535 with targets @ 1.06 & 1.0625 in extension.

Alternative scenario: Below 1.0535 look for further downside with 1.05 & 1.045 as targets.

Comment: The RSI is well directed

Trading Signals April 19th 2011 (Pre- EU Market Open)

EUR/USD intraday: under pressure.

Pivot: 1.4275.

Most Likely Scenario: SHORT positions @ 1.4265 with 1.42 & 1.415 in sight.

Alternative scenario: The upside penetration of 1.4275 will call for a rebound towards 1.43 & 1.435.

Comment: The pair is posting a rebound but stands below its new resistance, the RSI is mixed and calls for caution.

Trend: ST Ltd Upside; MT Range

GBP/USD intraday: under pressure.

Pivot: 1.6300.

Most Likely Scenario: SHORT positions @ 1.629 with 1.6225 & 1.6175 as next targets.

Alternative scenario: The upside penetration of 1.63 will call for a rebound towards 1.633 & 1.6385.

Comment: The pair stands below its new resistance, the RSI is mixed to bearish.

USD/JPY intraday: the downside prevails.

Pivot: 82.75.

Most Likely Scenario: SHORT positions @ 82.7 with targets @ 82.2 & 82.05.

Alternative scenario: The upside penetration of 82.75 will call for 83 & 83.25.

Comment: The pair stands within a bearish channel, the RSI is capped by a declining trend line.

AUD/USD intraday

Pivot: 1.052

Most Likely Scenario: Short positions below 1.052 with targets @ 1.0455 & 1.042 in extension.

Alternative scenario: Above 1.052 look for further upside with 1.054 & 1.0585 as targets.

Comment: The pair has broken below a key rising trend line.

Forex Trading Signals 14th April 2011 (Pre-EU Market Open)

Forex Trading Signals

EUR/USD intraday: towards 1.455

Pivot: 1.4410.

ML S: LONG positions @ 1.442 with targets @ 1.452 & 1.455.

Alternative scenario: The downside penetration of 1.441 will call for 1.438 & 1.435.

Comment: The RSI has just broken above a declining trend line and the pair is trading in an intraday bullish channel.


GBP/USD intraday: further upside.

Pivot: 1.6240.

Most Likely Scenario: LONG positions @ 1.625 with targets @ 1.6365 & 1.643.

Alternative scenario: The downside penetration of 1.624 will call for a slide towards 1.6175 & 1.6135.

Comment: The RSI broke above a declining trend line and is supported by a rising one.



USD/JPY intraday: capped by a negative trend line.

Pivot: 83.95.

Most Likely Scenario: SHORT positions @ 83.9 with targets @ 83.2 & 82.75.

Alternative scenario: The upside penetration of 83.95 will call for 84.3 & 84.6.

Comment: The pair is capped by a declining trend line.


AUD/USD intraday: supported by a rising trend line.

Pivot: 1.0465

Most Likely Scenario: Long positions above 1.0465 with targets @ 1.0585 & 1.06 in extension.

Alternative scenario: Below 1.0465 look for further downside with 1.0425 & 1.039 as targets.

Comment: The RSI is mixed with a bullish bias.

Forex Trading Signals April 13th 2011 (Pre-EU Market Open)

EUR/USD intraday: supported by a rising trend line.

Pivot: 1.4435.

Most Likely Scenario: LONG positions @ 1.4445 with targets @ 1.452 & 1.455.

Alternative scenario: The downside penetration of 1.4435 will call for a slide towards 1.438 & 1.4345.

Comment: The pair remains supported by a MT rising trend line and should post a rebound on its new support.

GBP/USD intraday: rebound expected.

Pivot: 1.6225.

Most Likely Scenario: LONG positions @ 1.6235 with 1.632 & 1.6365 as next targets.

Alternative scenario: The downside penetration of 1.6225 will call for 1.6175 & 1.6135.

USD/JPY intraday: under pressure.

Pivot: 84.50.

Most Likely Scenario: SHORT positions @ 84.45 with targets @ 83.5 & 83.2.

Alternative scenario: The upside penetration of 84.5 will call for a rebound towards 84.75 & 85.15.

Comment: The pair is posting a rebound but stands below its resistance.

AUD/USD intraday: supported by a rising trend line.

Pivot: 1.043

Most Likely Scenario: Long positions above 1.043 with targets @ 1.052 & 1.056 in extension.

Alternative scenario: Below 1.043 look for further downside with 1.039 & 1.035 as targets.

Comment: The pair remains above a rising trend line.