Current level at 11:31 CET is 103.25 trading above the daily pivot point level of 103.05 and also above the daily Ichimoku cloud top at 103.13. Both daily and hourly Bollinger and standard error bands are poised slightly to the upside and reflect the lack of downside pressure observed in this currency pair since the 17th of March when a new multi-year low was made at 95.75. Pivot point related support levels for today are set at 102.55 and then 102.17. Resistance levels are at 103.43 and then 103.93.
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