EUR/USD
Current level – 1.1382
As long as the pair stays above 1.1265, I expect a move towards 1.1533 and possibly 1.1609. Break through 1.1265 will be negative targeting 1.1189 and 1.1081.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.1400 | 1.1450 | 1.1310 | 1.1210 |
| 1.1440 | 1.1500 | 1.1270 | 1.0850 |
USD/JPY
Current level – 110.92
I expect the current correction to be limited to the zone 111.80-112 00 and resuming of the downtrend towards 110.00.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 111.65 | 113.00 | 111.00 | 110.55 |
| 112.20 | 114.50 | 110.55 | 109.70 |
GBP/USD
Current level – 1.2658
The expectations are for a new test of the 1.2700 resistance. In order for the bulls to take over we must see a break of that level. Alternatively if this doesn’t happen, we might see a drop back to the 1.25 zone.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2650 | 1.2880 | 1.2500 | 1.2360 |
| 1.2700 | 1.3030 | 1.2460 | 1.2140 |
