EUR/USD
Current level – 1.1970
Yesterday’s reversal at 1.2070 has initiated a corrective pullback and the intraday bias is slightly negative for a tight test of 1.1909 support zone. The latter is expected to provide a reliable base for another upswing on the higher frames, towards 1.2160. Intraday resistance lies at 1.2000.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2000 | 1.2070 | 1.1909 | 1.1830 |
| 1.2070 | 1.2160 | 1.1830 | 1.1580 |
USD/JPY
Current level – 109.78
The intraday bias is positive after the failure at 108.20, with a risk of an intraday rise towards 110.30. Minor intraday support lies at 109.40, followed by the crucial 109.00. The latter is a trigger for a renewal of the slide towards 107.00.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 109.80 | 111.00 | 109.40 | 108.10 |
| 110.30 | 112.20 | 109.00 | 107.00 |
GBP/USD
Current level – 1.2926
The pullback after 1.2980 should be considered corrective and despite the risk of a test around 1.2846-70, the overall bias is still positive, for 1.3050. Intraday allow a dip through 1.2914 towards 1.2870-46 area.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2980 | 1.3157 | 1.2846 | 1.2773 |
| 1.3050 | 1.3260 | 1.2773 | 1.2606 |
