Published at 00:50 (GMT) 04 Aug
04 Aug EUR/USD Daily
Pressure stays on the downside following the rejection from Fri's 1.1114 high. Failure to hold the 1.0893 low of last week will return focus to 1.0819/09, the past 3-mth range low. Resistance starts at 1.1020 and lift over this needed to expose the 1.1114/29 highs to retest. [P.L]
R5:: 1.1400/10 * figure, 22 Jun high R4: 1.1135/55 intraday congestion
R3: 1.1114/29 * 31, 27 Jul highs
R2: 1.1084 29 Jul high
R1: 1.102 intraday level
S1: 1.0941 3 Aug low
S2: 1.0893 30 Jul low
S3: 1.087 * 22 Jul low
S4: 1.0819/09 * 27 May, 20 Jul lows
S5: 1.0785 24 Apr low
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