EUR/USD
Current level – 1.2341
EUR/USD Current level – 1.2341
Yesterday’s slide failed to break through 1.2300 support, but even a dip below the mentioned area will not rule out a rise towards 1.2460.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2350 | 1.2460 | 1.2300 | 1.2160 |
| 1.2460 | 1.2560 | 1.2240 | 1.2090 |
Current level – 104.85
The slide through 105.20 low signals a completion of the consolidation phase and the outlook is bearish, for a continuation towards 103.40 and 102.50. Initial intraday resistance lies at 105.20 and crucial on the upside is 106.60.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 105.20 | 108.30 | 104.30 | 104.30 |
| 106.60 | 110.40 | 103.40 | 102.50 |
GBP/USD
Current level – 1.4110
The short-lived spike to 1.4220 could be the finale of the whole rise since 1.3710 low and my outlook is bearish, for a break through 1.4075 support, towards 1.3910.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.4220 | 1.4280 | 1.4075 | 1.3710 |
| 1.4280 | 1.4340 | 1.3910 | 1.3620 |
