USD/CAD MT: bullish bias above 0.9885.
Pivot: 0.9885
Our Preference: LONG position above 0.9885 with 1.0480 & 1.0685 in sight.
Alternative Scenario: Below 0.9885 look for further decline to 0.9735.
AUD/USD MT: under pressure.
Pivot: 1.0775
Our Preference: SHORT position below 1.0775 with 0.9920 & 0.9385 in sight.
Alternative Scenario: Above 1.0775 up move to 1.1080.
EUR/USD MT: under pressure.
Pivot: 1.4200
Our Preference: SHORT position below 1.42 with 1.3150 & 1.2965 in sight.
Alternative Scenario: Above 1.42 up move to 1.4535 & 1.493.
GBP/USD MT: key ST resistance at 1.61.
Pivot: 1.6100
Our preference: SHORT position below 1.61 with targets at 1.57 or even 1.53.
Alternative scenario: A break above 1.61 would call for further recovery to 1.6275.
EUR/JPY MT: under pressure.
Pivot: 108.00
Our Preference: SHORT position below 108 with 100.75 & 96 in sight.
Alternative Scenario: Above 108 up move to 113.5 & 118.
USD/JPY MT: the downside prevails.
Pivot: 79.50
Our Preference: SHORT position below 79.5 with 75.5 & 73.75 in sight.
Alternative Scenario: Above 79.5 up move to 81.6 & 84.