Courtesy of Trading Central

 

 

EUR/USD Intraday: under pressure

 

Pivot: 1.056

Most Likely Scenario: Short positions below 1.056 with targets @ 1.0465 & 1.0365 in extension.

Alternative scenario: Above 1.056 look for further upside with 1.064 & 1.07 as targets.

Comment: The pair has validated a bearish flag and is posting a pull back.

 

 
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GBP/USD Intraday: under pressure.

 

Pivot: 1.4845

Most Likely Scenario: Short positions below 1.4845 with targets @ 1.47 & 1.4635 in extension.

Alternative scenario: Above 1.4845 look for further upside with 1.491 & 1.495 as targets.

Comment: The pair is posting a rebound but stands below its resistance.

 
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USD/JPY Intraday: key resistance at 121.65.

 

Pivot: 121.65

Most Likely Scenario: Short positions below 121.65 with targets @ 120.9 & 120.6 in extension.

Alternative scenario: Above 121.65 look for further upside with 122 & 122.5 as targets.

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

 

 
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