EUR/USD
Current level – 1.1383
The reversal at 1.1470 led to a precise dip to 1.1360 major support and the outlook is positive above that area, for a test of 1.1420 and a violation of the latter will establish a new trading range between 1.1500 and 1.1360 boundaries, which will lead to a test of 1.1600 zone. An eventual break on the downside will challenge 1.1260.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.1420 | 1.1500 | 1.1360 | 1.1100 |
| 1.1500 | 1.1620 | 1.1270 | 1.0850 |
USD/JPY
Current level – 112.80
The reversal at 112.30 signals a minor corrective pattern below 113.10 before slide towards 111.40. An eventual break through 113.10 will trigger an attack of 113.70.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 113.10 | 114.50 | 112.30 | 111.40 |
| 113.70 | 116.20 | 111.40 | 110.40 |
GBP/USD
Current level – 1.2799
Despite the failure at 1.2880, I don’t think, that there is much room on the downside, so expect a break though 1.2880 to unleash a rise for 1.3040.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2880 | 1.3250 | 1.2720 | 1.2660 |
| 1.3040 | 1.3440 | 1.2660 | 1.2570 |
