EUR/USD
Current level – 1.1404
The initial reaction after the test of 1.1445 led to a dip to 1.1380 support and there is an intraday risk of diving lower, for the final leg of the prolonged consolidation pattern. The outlook on the senior frames remains bullish, for 1.1550.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.1445 | 1.1550 | 1.1380 | 1.1020 |
| 1.1550 | 1.1610 | 1.1290 | 1.0838 |
USD/JPY
Current level – 114.16
The bias is positive and my outlook is bullish, for a rise towards 115.40 area. Key support lies at 113.50.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 114.30 | 114.30 | 113.50 | 110.30 |
| 115.40 | 115.50 | 112.60 | 108.81 |
GBP/USD
Current level – 1.2904
The recent slide from 1.2980 led to a tight test at 1.2860 support and my outlook is already positive, for a renewal of the general uptrend towards 1.3050.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2980 | 1.3130 | 1.2860 | 1.2635 |
| 1.3130 | 1.3500 | 1.2790 | 1.2480 |
