EUR/USD intraday: the upside prevails.
Pivot: 1.229
Most Likely Scenario: Long positions above 1.229 with targets @ 1.235 & 1.24 in extension.
Alternative scenario: Below 1.229 look for further downside with 1.2245 & 1.22 as targets.
Comment: the pair is on the upside and is challenging its resistance.
GBP/USD intraday: rebound.
Pivot: 1.4915
Most Likely Scenario: Long positions above 1.4915 with targets @ 1.501 & 1.507 in extension.
Alternative scenario: Below 1.4915 look for further downside with 1.486 & 1.48 as targets.
Comment: the RSI is well directed, the pair is on the upside and is challenging its channel upper boundary.
USD/JPY intraday: the downside prevails.
Pivot: 88.25
Most Likely Scenario: Short positions below 88.25 with targets @ 87.3 & 86.95 in extension.
Alternative scenario: Above 88.25 look for further upside with 88.75 & 88.95 as targets.
Comment: the pair has broken below its support and should face a further weakness.
AUD/USD intraday: under pressure.
Pivot: 0.844
Most Likely Scenario: Short positions below 0.844 with targets @ 0.8315 & 0.826 in extension.
Alternative scenario: Above 0.844 look for further upside with 0.8485 & 0.855 as targets.
Comment: the RSI is capped by a declining trend line.
