EUR/USD intraday: Further advance
|EUR/USD: Further advance
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Pivot (invalidation): 1.1870
Our preference
Long positions above 1.1870 with targets at 1.1920 & 1.1935 in extension.
Alternative scenario
Below 1.1870 look for further downside with 1.1840 & 1.1815 as targets.
Comment
The RSI is bullish and calls for further advance.
GBP/USD: Watch 1.3400
Pivot (invalidation): 1.3335
Our preference
Long positions above 1.3335 with targets at 1.3380 & 1.3400 in extension.
Alternative scenario
Below 1.3335 look for further downside with 1.3310 & 1.3290 as targets.
Comment
Technically the RSI is above its neutrality area at 50.
USD/JPY: The bias remains bullish
Pivot (invalidation): 104.35
Our preference
Long positions above 104.35 with targets at 104.60 & 104.75 in extension.
Alternative scenario
Below 104.35 look for further downside with 104.25 & 104.10 as targets.
Comment
A support base at 104.35 has formed and has allowed for a temporary stabilisation.
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