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EUR/USD & GBP/USD Analysis (2015.04.22)

Source:Fxpro Forex Broker

 

EUR/USD Intraday: rebound.

Pivot: 1.0705

Most Likely Scenario: Long positions above 1.0705 with targets @ 1.082 & 1.085 in extension.

Alternative scenario: Below 1.0705 look for further downside with 1.0655 & 1.062 as targets.

Comment: The RSI is well directed.

EUR/USD Chart

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GBP/USD Intraday: the upside prevails.

Pivot: 1.491

Most Likely Scenario: Long positions above 1.491 with targets @ 1.505 & 1.51 in extension.

Alternative scenario: Below 1.491 look for further downside with 1.4855 & 1.48 as targets.

Comment: The RSI is well directed.

GBP/USD Chart

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