EUR/USD intraday: rebound.
Pivot: 1.1925
Most Likely Scenario: Long positions above 1.1925 with targets @ 1.201 & 1.208 in extension.
Alternative scenario: Below 1.1925 look for further downside with 1.1875 & 1.178 as targets.
Comment: the pair has rebounded on its support and is challenging its resistance as the RSI is well directed.
GBP/USD intraday: the upside prevails.
Pivot: 1.444
Most Likely Scenario: Long positions above 1.444 with targets @ 1.4555 & 1.4625 in extension.
Alternative scenario: Below 1.444 look for further downside with 1.438 & 1.4345 as targets.
Comment: the pair has rebounded on its new support and should post a further up move.
USD/JPY intraday: up turn.
Pivot: 91.25
Most Likely Scenario: Long positions above 91.25 with targets @ 91.7 & 92.1 in extension.
Alternative scenario: Below 91.25 look for further downside with 90.85 & 90.6 as targets.
Comment: the pair has rebounded on its support and is breaking above its declining trend line.
AUD/USD intraday: continuation of the rebound.
Pivot: 0.82
Most Likely Scenario: Long positions above 0.82 with targets @ 0.834 & 0.8365 in extension.
Alternative scenario: Below 0.82 look for further downside with 0.813 & 0.8065 as targets.
Comment: the RSI is bullish and calls for further upside.
