EUR/USD still inside its trading range 1.3300/1.3165

EUR/USD Current price: 1.3209

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Resistance at 1.3300 continues to suppress any bullish momentum as the EURUSD pair consolidates. Failure to rise above the figure would prompt a decline to initial support at 1.3165. Further penetration lower would shift focus to 1.3119.

Support Levels 1.3170 1.3122 1.3078

Resistance Levels 1.3354 1.3306 1.3262

GBP/USD Current price: 1.6153

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Rebounding off of support at 1.6080, GBPUSD has moved higher towards a retest of 1.6200. A further break higher would open scope for a test of the 1.6306 swing high. Any retracement would see formidable support via the 1.6100 psychological barrier.

Support Levels 1.6015 1.6047 1.6107

Resistance Levels 1.6199 1.6231 1.6291

USD/JPY Current price: 85.99

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Failing to close above 86.50 on the session, the USDJPY technical setup is portending towards a corrective wave lower to 85.00. Further upside remains contingent on a break above the aforementioned resistance.

Support Levels 85.83 85.53 85.12

Resistance Levels 86.53 86.94 87.24

AUD/USD Current price: 1.0397

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Establishing temporary support at 1.0344, AUDUSD continues to keep a bearish bias in the short term. Resistance via the 1.0438 figure continues to weigh on any upside retracement in the pair, supporting the likelihood of a dip to 1.0286 November 16th session low.

Support Levels 1.0316 1.0338 1.0354

Resistance Levels 1.0392 1.0414 1.0430

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