EUR/USD
Current level – 1.1930
The overall bias remains bearish, for a slide towards 1.1840, en route to 1.1720. Initial resistance lies at 1.2000 and crucial on the upside is 1.2060.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2060 | 1.2300 | 1.1900 | 1.1840 |
| 1.2160 | 1.2413 | 1.1840 | 1.1720 |
Current level – 108.89
My outlook is negative after the recent failure at 109.50, for a break through 108.50, towards 107.90.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 109.50 | 110.20 | 108.50 | 107.90 |
| 110.20 | 111.90 | 107.90 | 104.60 |
GBP/USD
Current level – 1.3580
Current rebound above 1.3480 is corrective, so a break through 1.3512 low will signal a renewal of the whole downtrend, towards 1.3460 and 1.3310.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.3660 | 1.3990 | 1.3512 | 1.3460 |
| 1.3790 | 1.4100 | 1.3460 | 1.3310 |
