Courtesy of Trading Central

 

 

EUR/USD Intraday: the downside prevails

 

Pivot: 1.111

Most Likely Scenario: Short positions below 1.111 with targets @ 1.102 & 1.0985 in extension.

Alternative scenario: Above 1.111 look for further upside with 1.115 & 1.1185 as targets.

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

 
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GBP/USD Intraday: under pressure.

 

Pivot: 1.53

Most Likely Scenario: Short positions below 1.53 with targets @ 1.5215 & 1.519 in extension.

Alternative scenario: Above 1.53 look for further upside with 1.5335 & 1.537 as targets.

Comment: The pair stands below its resistance and remains under pressure.

 
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