EUR/USD
Current level – 1.1569
The spike to 1.1850 was followed by a massive sell-off and currently the pair is approaching 1.1510 lows. The slide is running out of steam, so I favor a corrective rebound towards 1.1650 and even probably to the major 1.1720. Minor intraday resistance lies at 1.1616.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.1650 | 1.1830 | 1.1510 | 1.1480 |
| 1.1720 | 1.2060 | 1.1480 | 1.1300 |
USD/JPY
Current level – 110.70
My outlook here is counter-trend below 111.40, for a dip to 109.20.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 111.40 | 111.40 | 109.90 | 107.80 |
| 111.40 | 114.40 | 109.20 | 106.70 |
GBP/USD
Current level – 1.3234
Yesterday’s failure at 1.3460 provoked a reversal and a sharp sell-off to 1.3203 lows. Intraday I favor a corrective rebound towards 1.3300 resistance and an eventual break through 1.3200 will challenge the next support around 1.3040.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.3300 | 1.3618 | 1.3203 | 1.3210 |
| 1.3460 | 1.3990 | 1.3110 | 1.3040 |
