Our preference: short positions below 1.1430 with targets @ 1.1375 & 1.1360 in extension.
Alternative scenario: above 1.1430 look for further upside with 1.1445 & 1.1465 as targets.
Comment: the RSI is mixed to bearish.
Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced
GBP/USD Intraday: key resistance at 1.4490.
Pivot: 1.4490
Our preference: short positions below 1.4490 with targets @ 1.4405 & 1.4370 in extension.
Alternative scenario: above 1.4490 look for further upside with 1.4525 & 1.4555 as targets.
Comment: the RSI lacks upward momentum.
Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced
USD/CHF Intraday: under pressure.
Pivot: 0.9745
Our preference: short positions below 0.9745 with targets @ 0.9680 & 0.9655 in extension.
Alternative scenario: above 0.9745 look for further upside with 0.9765 & 0.9795 as targets.
Comment: the RSI is badly directed.
Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced
USD/JPY Intraday: further upside.
Pivot: 108.20
Our preference: long positions above 108.20 with targets @ 109.40 & 109.90 in extension.
Alternative scenario: below 108.20 look for further downside with 107.40 & 107.00 as targets.
Comment: the RSI is well directed.
Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced
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