EUR/USD
Current level – 1.1479
The slow pace signals a typical consolidation pattern and I expect a break through 1.1440 to initiate a continuation towards 1.1300 weekly low. Major resistance lies at 1.1550.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.1550 | 1.1835 | 1.1440 | 1.1300 |
| 1.1720 | 1.2010 | 1.1300 | 1.1100 |
USD/JPY
Current level – 113.11
The bias remains bearish, for a dip to 112.40 support zone. Key resistance is projected at 113.50.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 113.50 | 114.40 | 112.40 | 111.65 |
| 114.40 | 114.40 | 112.40 | 110.40 |
GBP/USD
Current level – 1.3081
The rise to 1.3100 resistance should be considered an inner leg of the consolidation pattern below 1.3130 and my outlook is bearish, for another dip to 1.3000 area.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.3140 | 1.3440 | 1.3020 | 1.2570 |
| 1.3210 | 1.3440 | 1.2870 | 1.2570 |
