Courtesy of Trading Central

 

 

EUR/USD Intraday: the downside prevails

 

Pivot: 1.1185

Most Likely Scenario: Short positions below 1.1185 with targets @ 1.1095 & 1.105 in extension.

Alternative scenario: Above 1.1185 look for further upside with 1.121 & 1.1245 as targets.

Comment: The pair has broken below its support and remains on the downside.

 

 
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GBP/USD Intraday: under pressure.

 

Pivot: 1.54

Most Likely Scenario: Short positions below 1.54 with targets @ 1.53 & 1.5265 in extension.

Alternative scenario: Above 1.54 look for further upside with 1.542 & 1.545 as targets.

Comment: The pair remains under pressure and is breaking below its support.

 

 
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