EUR/USD intraday: under pressure.
Pivot: 1.2355.
Most Likely Scenario: SHORT positions @ 1.2345 with targets @ 1.225 & 1.222.
Alternative scenario: The upside penetration of 1.2355 will call for a rebound towards 1.2395 & 1.244.
Comment: the pair has broken below its MT rising trend line and remains under pressure.
GBP/USD intraday: under pressure.
Pivot: 1.4825.
Most Likely Scenario: SHORT positions @ 1.4815 with 1.4725 & 1.4683 as next targets.
Alternative scenario: The upside breakout of 1.4825 will open the way to 1.4885 & 1.4935.
Comment: the pair is under pressure and is challenging its support, the RSI is mixed to bearish.
USD/JPY intraday: rebound expected.
Pivot: 90.80.
Most Likely Scenario: LONG positions @ 90.85 with 91.2 & 91.4 in sight.
Alternative scenario: The downside penetration of 90.8 will call for 90.65 & 90.5.
Comment: the pair stands above its support and should post a rebound.
AUD/USD intraday: under pressure.
Pivot: 0.8825
Most Likely Scenario: Short positions below 0.8825 with targets @ 0.8715 & 0.867 in extension.
Alternative scenario: Above 0.8825 look for further upside with 0.886 & 0.89 as targets.
Comment: the RSI is badly directed.
