EUR/USD
Current level – 1.1922
The reversal below 1.2000 marks the finale of the first leg after 1.1820 and I expect 1.1870 to limit the downside, for another upswing, towards 1.2060 area.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2000 | 1.2060 | 1.1870 | 1.1840 |
| 1.2060 | 1.2160 | 1.1840 | 1.1720 |
USD/JPY
Current level – 109.92
The violation of 109.60 led to a new test of 110.00 area and an eventual break here will unleash a move towards 111.90. While 110.00 hurdle is intact, the outlook will be bearish, for a continuation of the consolidation pattern towards 108.50.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 110.00 | 110.20 | 108.50 | 107.90 |
| 110.20 | 111.90 | 108.50 | 104.60 |
GBP/USD
Current level – 1.3546
The upmove since 1.3460 low is already over with yesterday’s peak at 1.3607, so intraday allow a dip to 1.3500 area, before another leg upwards, to 1.3710. Minor intraday resistance lies at 1.3575.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.3575 | 1.3990 | 1.3460 | 1.3460 |
| 1.3710 | 1.4100 | 1.3310 | 1.3310 |
