EUR/USD
Current level – 1.2318
My outlook here is counter-trend, for a reversal of the slide form 1.2410, towards 1.2460 resistance. Initial intraday support is projected around 1.2270.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2460 | 1.2460 | 1.2350 | 1.2160 |
| 1.2460 | 1.2560 | 1.2280 | 1.2090 |
USD/JPY
Current level – 105.72
The minor rebound to 106.40 confirms the negative outlook, for a test and break through 105.20 low, en route to 104.30 area.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 106.40 | 108.30 | 105.20 | 105.20 |
| 108.00 | 110.40 | 105.20 | 102.40 |
Current level – 1.3950
The structure below 1.4000 is still corrective and the outlook remains positive, for a rise towards 1.4150. Initial support lies at 1.3920-30.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.4000 | 1.4150 | 1.3930 | 1.3710 |
| 1.4150 | 1.4280 | 1.3870 | 1.3620 |
