EUR/USD
Current level – 1.2374
The break through 1.2300 has reinstated the positive bias and currently the pair is heading towards 1.2460 major resistance. The rise from 1.2240 should be considered a final leg of the whole rebound above 1.2160 before drowning towards 1.2090 zone. Key intraday support lies at 1.2330, followed by 1.2300.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2300 | 1.2460 | 1.2230 | 1.2160 |
| 1.2460 | 1.2560 | 1.2160 | 1.2090 |
Current level – 105.68
The intraday bias is bearish after the recent peak at 106.60, for a tight test of 105.20 lows. My outlook here is neutral.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 106.60 | 108.30 | 105.20 | 105.20 |
| 108.00 | 110.40 | 105.20 | 102.40 |
Current level – 1.4165
The uptrend is intact and there is a risk of a further rise to 1.4280 before reversal and completion of the whole upmove since 1.3710. Initial intraday support lies at 1.4080 and crucial on the downside is 1.3980.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.4180 | 1.4280 | 1.4080 | 1.3710 |
| 1.4280 | 1.4340 | 1.3980 | 1.3620 |
