EUR/USD: A break through 1.0700 will target 1.0570 low
|EUR/USD Current level - 1.0716
Yesterday's "double top"formation at 1.0777 signals a reversal and the intraday outlook is bearish, for a break through 1.0700 static support, towards 1.0570 low. Crucial resistance lies at 1.0740.
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USD/JPY Current level - 109.26
My intraday outlook is positive above 109.09, for a rise towards 110.10. Crucial on the downside is 108.70.
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GBP/USD Current level - 1.2808
Still in the consolidation pattern below 1.2904 peak and the intraday outlook is rather bearish, for a break through 1.2770, towards 1.2705 area.
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