EUR/USD
Current level – 1.1388
The reversal at 1.1455 signals a completion of the upmove since 1.1300 low and a consolidation pattern is underway, before next leg upwards, to 1.1530. Intraday allow a brief upswing to 1.1420 followed by a dip to 1.1350.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.1420 | 1.1835 | 1.1350 | 1.1300 |
| 1.1530 | 1.2010 | 1.1300 | 1.1110 |
USD/JPY
Current level – 113.28
My outlook is rather counter-trend below 113.37, for another dip to 112.60 and even 112.20.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 113.50 | 114.40 | 112.60 | 111.65 |
| 114.40 | 114.40 | 112.20 | 110.40 |
GBP/USD
Current level – 1.3005
The several tests of 1.3040 failed and obviously there is a need of a more significant corrective pattern before continuation towards 1.3250. Allow a slide towards 1.2940 with a risk of extending to 1.2870.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.3040 | 1.3010 | 1.2940 | 1.2660 |
| 1.3250 | 1.3440 | 1.2860 | 1.2570 |
