Current level at 10:23 CET is 1.4745, trading above the daily pivot point level of 1.4686 and also above the hourly Ichimoku cloud top at 1.4718. Hourly Bollinger and standard error bands are poised to the upside while daily values of the same indicators are flat. Pivot point related resistance levels for today are set at 1.4757 and then 1.4803, ahead of the Fibonacci 23.6 percent retracement level at 1.4810, measured over the 1.4311 - 1.4966 range. Support levels are at 1.4641 and then 1.4570. The daily MACD oscillator has risen above the zero line and suggests that this market has still more upside potential.
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