Pivot: 1.5055
Our preference: Short positions below 1.5055 with targets @ 1.496 & 1.4935 in extension.
Alternative scenario: Above 1.5055 look for further upside with 1.51 & 1.5145 as targets.
Comment: the break below 1.5055 is a negative signal that has opened a path to 1.496.
GBP/USD intraday: the downside prevails.
Pivot: 1.6575
Our preference: Short positions below 1.6575 with targets @ 1.646 & 1.64 in extension.
Alternative scenario: Above 1.6575 look for further upside with 1.665 & 1.673 as targets.
Comment: the pair remains under pressure and is approaching its support.
USD/JPY intraday: the downside prevails.
Pivot: 87.05
Our preference: Short positions below 87.05 with targets @ 86.3 & 85.85 in extension.
Alternative scenario: Above 87.05 look for further upside with 87.5 & 88 as targets.
Comment: the RSI is below a strong resistance area, the pair remains under pressure.
USD/CHF intraday: continuation of the rebound.
Pivot: 0.9975
Our preference: Long positions above 0.9975 with targets @ 1.005 & 1.0075 in extension.
Alternative scenario: Below 0.9975 look for further downside with 0.9945 & 0.9915 as targets.
Comment: the RSI is well directed, the pair is on the upside and is challenging its resistance.
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