EUR/USD
Current level – 1.2247
The recent break through 1.2090 led to an acceleration of the upmove and the bias remains positive, for a rise towards 1.2400 hurdle. Crucial on the downside is 1.2188 low.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2300 | 1.2500 | 1.2188 | 1.2090 |
| 1.2400 | 1.2500 | 1.2090 | 1.1910 |
USD/JPY
Current level – 110.52
The downtrend is still underway and I favor a slide towards 109.50. Initial intraday resistance lies at 111.00 and crucial on the upside is 111.70 peak.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 111.00 | 111.70 | 110.00 | 109.50 |
| 111.70 | 113.75 | 109.50 | 109.50 |
GBP/USD
Current level – 1.3764
The uptrend is heading for a tight test of 1.3800 area and a violation of the latter will challenge 1.4000 sentiment area. Initial support lies at 1.3720 and only a break there will signal a reversal of the bullish outlook.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.3800 | 1.3800 | 1.3720 | 1.3611 |
| 1.3800 | 1.4000 | 1.3611 | 1.3460 |
