EUR/USD
Current level – 1.2396
Current rebound above 1.2350 should be considered corrective and I expect 1.2440 minor resistance to cap the upside, for a continuation of the downtrend towards 1.2220 area. Crucial on the upside is 1.2475 high.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2440 | 1.2540 | 1.2330 | 1.2330 |
| 1.2475 | 1.2870 | 1.2220 | 1.2220 |
USD/JPY
Current level – 109.01
The break through 109.70 led to a slide all the way down to 108.30 lows and my outlook is positive above the mentioned support, for a rise towards the upper boundary of the range at 110.20-50. Crucial on the downside is 108.30 and a violation of that low will challenge 107.30.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 109.70 | 111.90 | 108.30 | 108.30 |
| 111.50 | 113.40 | 108.30 | 107.30 |
GBP/USD
Current level – 1.3955
Yesterday’s slide has reached the support area above 1.3910, but my outlook remains bearish below 1.4030, for another leg downwards, to 1.3800 zone. Crucial on the upside is 1.4090.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.4030 | 1.4090 | 1.3910 | 1.3910 |
| 1.4090 | 1.4340 | 1.3800 | 1.3730 |
