EUR/USD intraday: the downside prevails. Pivot: 1.4215.
Most Likely Scenario: SHORT positions @ 1.4205 with 1.4065 & 1.4025 in sight.
Alternative scenario: The upside penetration of 1.4215 will call for a rebound towards 1.4265 & 1.4325.
Comment: The pair stands below its new resistance and remains under pressure, the RSI is mixed to bearish.
Trend: ST Ltd Upside; MT Range
GBP/USD intraday: under pressure. Pivot: 1.6225.
Most Likely Scenario: SHORT positions @ 1.6215 with 1.615 & 1.6105 in sight.
Alternative scenario: The upside breakout of 1.6225 will open the way to 1.6285 & 1.6325.
Comment: The pair remains under pressure and stands below its new resistance.
USD/JPY intraday: the upside prevails. Pivot: 80.60.
Most Likely Scenario: LONG positions @ 80.65 with 81.1 & 81.35 as next targets.
Alternative scenario: The downside penetration of 80.6 will call for a slide towards 80.35 & 80.25.
Comment: The RSI is supported by a rising trend line, the pair is on the upside and is challenging its resistance.
AUD/USD intraday: the downside prevails. Pivot: 1.0595
Most Likely Scenario: Short positions below 1.0595 with targets @ 1.0525 & 1.049 in extension.
Alternative scenario: Above 1.0595 look for further upside with 1.0625 & 1.065 as targets.
Comment: The RSI is mixed with a bearish bias.
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