Courtesy of Trading Central

 

 

EUR/USD Intraday: under pressure

 

Pivot: 1.1245

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.

 
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USD/JPY Intraday: rebound.

 

Pivot: 119.5

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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