EURUSD
The Euro declined versus the greenback on Friday, falling below support at 1.3550. Short-term studies maintain their bearish bias and next downside target is seen at 1.3280, the 61.8% retracement of the 1.2390-1.4720. Intra-day resistance starts at 1.3450 followed by 1.3550 while support emerges at 1.3280 and 1.3100. On a short-term basis, momentum will remain bearish while trading below 1.3835. Current quote is 1.3414 @07:30 GMT
Support levels: 1.3400, 1.3280 and 1.3100.
Resistance levels: 1.33500, 1.3550, 1.3700 and 1.3835.
Market sentiment: long-term : bearish, mid-term : bullish, short-term : bearish
AUDUSD
Recent break below key support at .7000 signals a change on short-term momentum, building an initial bearish structure. Downside may remain under pressure and next objective is seen at .6760. Daily resistance is provided by the .7000 mark followed by .7125. Minor support emerges at .6900 and a potential break may open .6760 for a later test. Current quote is .6920 @07:30 GMT
Support levels: .6900, .6800 and .6760.
Resistance levels: .7000, .7125 and .7350.
Market sentiment: long-term : bearish, mid-term : slightly bullish , short-term : slightly bearish
EURCHF
Holding on the 1.4930 short-term bottom still, the pair maintains a neutral sentiment. Below 1.4930 resumes downtrend aiming towards 1.4760 while on the upside, a potential break of 1.5050 will favor a climb to 1.5150 where key resistance is seen. Intraday studies are slightly bullish at the time of this report. Current quote is 1.4973 @07:30 GMT
Support levels: 1.4930, 1.4890, 1.4800 and 1.3760.
Resistance levels: 1.5000, 1.5050 and 1.5150/85.
Market sentiment: long-term : bearish, mid-term : bearish, short-term : neutral
