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USD/JPY Intraday: the bias remains bullish.

Pivot: 119

Most Likely Scenario: Long positions above 119 with targets @ 119.6 & 119.85 in extension.

Alternative scenario: Below 119 look for further downside with 118.6 & 118.25 as targets.

Comment: The pair is rebounding above its support.

USD/JPY Chart

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AUD/USD Intraday: the downside prevails.

Pivot: 0.7835

Most Likely Scenario: Short positions below 0.7835 with targets @ 0.778 & 0.7755 in extension.

Alternative scenario: Above 0.7835 look for further upside with 0.7875 & 0.791 as targets.

Comment: The pair is posting a rebound but stands below its resistance.

AUD/USD Chart

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