EUR/USD intraday: rebound.
Pivot: 1.1995.
Most Likely Scenario: LONG positions @ 1.2005 with 1.208 & 1.211 as next targets.
Alternative scenario: The downside breakout of 1.1995 will open the way to 1.1965 & 1.194.
Comment: the pair is on the upside and is challenging its resistance, the RSI is supported by a rising trend line.
GBP/USD intraday: the upside prevails.
Pivot: 1.4530.
Most Likely Scenario: LONG positions @ 1.454 with targets @ 1.4625 & 1.4685.
Alternative scenario: The downside breakout of 1.453 will open the way to 1.45 & 1.444.
Comment: the pair remains within a ST bullish channel and is approaching its next resistance.
USD/JPY intraday: rebound expected.
Pivot: 90.85.
Most Likely Scenario: LONG positions @ 90.9 with 91.7 & 92.1 as next targets.
Alternative scenario: The downside penetration of 90.85 will call for 90.6 & 90.35.
Comment: the pair is pulling back on its support ahead of a rebound.
AUD/USD intraday: further advance.
Pivot: 0.83
Most Likely Scenario: Long @ 0.831 with targets @ 0.8425 & 0.8475 in extension.
Alternative scenario: Below 0.83 look for further downside with 0.824 & 0.8205 as targets.
Comment: the RSI is mixed with a bullish bias.
