Dailyfx signals with Technical reviews


 EUR/USD intraday: capped by a negative trend line.

Pivot: 1.223
Our preference: Short positions below 1.223 with targets @ 1.2165 & 1.215 in extension.
Alternative scenario: Above 1.223 look for further upside with 1.2265 & 1.2295 as targets.
Comment: the pair has broken below its support and should face further weakness.
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 GBP/USD intraday: the downside prevails.

Pivot: 1.5485
Our preference: Short positions below 1.5485 with targets @ 1.5425 & 1.54 in extension.
Alternative scenario: Above 1.5485 look for further upside with 1.5515 & 1.555 as targets.
Comment: the pair is on the downside and is breaking below its support as the RSI is badly directed.
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 USD/CHF intraday: further advance.

Pivot: 0.98
Our preference: Long positions above 0.98 with targets @ 0.9875 & 0.99 in extension.
Alternative scenario: Below 0.98 look for further downside with 0.976 & 0.974 as targets.
Comment: the pair has broken above its resistance and should post further advance.
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 USD/JPY intraday: under pressure.

Pivot: 79.55
Our preference: Short positions below 79.55 with targets @ 79.1 & 78.85 in extension.
Alternative scenario: Above 79.55 look for further upside with 79.8 & 80 as targets.
Comment: the pair is on the downside and should reach its previous low.
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 AUD/USD intraday: the downside prevails.

Pivot: 1.02
Our preference: Short positions below 1.02 with targets @ 1.0085 & 1.005 in extension.
Alternative scenario: Above 1.02 look for further upside with 1.024 & 1.028 as targets.
Comment: the RSI broke below a rising trend line.

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