EURUSD
Euro's decline extends below short-term support at 1.3635 opening a potential move lower towards 1.3377, the 61.8% retracement of the 1.2548-1.4719 upward swing. Daily studies remain bearish while holding below the 1.3635 mark and a sustained break of 1.3377 will confirm the resume of the downtrend, aiming towards the 1.27 area within the upcoming days. Minor support is formed below 1.3377 at 1.3300 and 1.3100. Upside barriers are seen at 1.3635, 1.3815 and 1.3900. Intra-day charts are bearish at the time of this writing. Current quote is 1.3475 @07:45 GMT
Support levels: 1.3500, 1.3377, 1.3300 and 1.3100.
Resistance levels: 1.3635, 1.3815 and 1.3900
Market sentiment: long-term : bearish, mid-term : bullish, short-term : bearish
AUDUSD
Important support on the .7000 mark is on focus as the pair is getting heavier. Short-term momentum remains bullish while the said support is intact but a potential break may accelerate a decline towards the .6750 region. On the upside, strong resistance is formed at .7260, the 50% retracement of the .8517-.6006 move. Current quote is .7072 @07:45 GMT
Support levels: .7000, .6900 and .6750/60.
Resistance levels: .7260, .7300 and .7560.
Market sentiment: long-term : bearish, mid-term : slightly bullish , short-term : bullish
EURCHF
Interim support is now formed at 1.5015 and the EUR will maintain its bid tone versus the Swiss Franc while the said support holds, testing resistance at 1.5185 later. Above 1.5185, important resistance is formed at 1.5315. The daily studies are bullish due to recent recovery but a break of 1.5315 is needed to confirm the uptrend. Current quote is 1.5034 @07:45 GMT
Support levels: 1.5015, 1.4900 and 1.4755.
Resistance levels: 1.5185, 1.5315 and 1.5500.
Market sentiment: long-term : bearish, mid-term : bearish, short-term : slightly bullish
