EUR/USD Current price: 1.3140
View Live Chart for the EUR/USD_20130103035337.gif "eur")
Resistance via the 1.3300 psychological figure remains a formidable barrier for any short term upside in EURUSD. Failure to close above the level in the near term would precipitate a decline to 1.3100 round figure support.
Support Levels 1.3129 1.3071 1.2985
Resistance Levels 1.3273 1.3359 1.3417
GBP/USD Current price: 1.6222
View Live Chart for the GBP/USD (Select the currency)_20130103035410.gif "gbpusd")
Although rising through the 1.6200 round figure, GBPUSD upside potential has now thinned out ahead of resistance at 1.6300. Failure to rise above the psychological barrier would prompt a retest of support at 1.6172.
Support Levels 1.6193 1.6130 1.6035
Resistance Levels 1.6351 1.6446 1.6509
USD/JPY Current price: 87.22
View Live Chart for the USD/JPY (select the currency)_20130103035441.gif "usdjpy")
USDJPY momentum continued to propel the major pair through resistance at 87.00. The close above the psychological figure opens scope for a test of 88.00 handle resistance. Any near term correction will be temporary and target the 86.17 figure.
Support Levels 86.72 86.21 85.89
Resistance Levels 87.55 87.87 88.38
AUD/USD Current price: 1.0481
View Live Chart for the AUD/USD (Select the currency)_20130103035506.gif "aud")
Closing above resistance at 1.0481, AUDUSD upside potential remains intact. Subsequently, the upward violation opens scope for an advance on the 1.0573 December 17th high resistance. Any retracement will be buoyed by near term 1.0416 support.
Support Levels 1.0406 1.0314 1.0254
Resistance Levels 1.0558 1.0618 1.0710
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