Courtesy of Trading Central
EUR/USD Intraday: under pressure
Most Likely Scenario: Short positions below 1.1245 with targets @ 1.115 & 1.1095 in extension.
Alternative scenario: Above 1.1245 look for further upside with 1.127 & 1.13 as targets.
Comment: The pair remains under pressure and is approaching its support.
USD/JPY Intraday: rebound.
Most Likely Scenario: Long positions above 119.5 with targets @ 120 & 120.35 in extension.
Alternative scenario: Below 119.5 look for further downside with 119.1 & 118.6 as targets.
Comment: The pair is rebounding above its support.
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