EUR/USD bearish in the near term


EUR/USD Current price: 1.3047

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eur

Falling further below the 1.3100 psychological figure, EURUSD continues to keep a bearish bias in the near term. The next viable move should be a decline towards support at the 1.3000 round figure. Any retracement should see formidable resistance via the 1.3161 figure.

Support Levels 1.2974 1.3006 1.3032

Resistance Levels 1.3090 1.3122 1.3148

GBP/USD Current price: 1.6010

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gbpusd

GBPUSD ended the session below 1.6050, bolstering the notion of another leg lower below the 1.6000 round figure. As a result, the next viable support figure remains the 1.5960 figure. Upside potential remains contingent on a break of the 1.6100 resistance barrier.

Support Levels 1.5903 1.5948 1.5985

Resistance Levels 1.6067 1.6112 1.6149

USD/JPY Current price: 88.06

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usdjpy

USDJPY failed to close above the 88.00 round figure resistance barrier, portending a likely dip to 86.00 in the near term. Any upside potential resides in a violation of the 88 round figure.

Support Levels 86.10 86.51 87.26

Resistance Levels 88.42 88.83 89.58

AUD/USD Current price: 1.0545

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aud

Resistance via the 1.0531 figure looms over AUDUSD upside, forcing the major to consolidate for the fourth straight session. Expectations are now emerging of a decline towards 1.0400 support in the near term, on a failed attempt to break above the resistance barrier.

Support Levels 1.0438 1.0462 1.0486

Resistance Levels 1.0534 1.0558 1.0582

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