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EURUSD: Expect a break through 1.1550 to challenge 1.1610

Stoyan Mihaylov DeltaStock.com

EUR/USD Current level - 1.1522

Today's break through 1.1490 resistance confirms the positive bias, for a test of 1.1550, en route to 1.1610 area. Key intraday support lies at 1.1480.

resistance
intraday	intraweek
1.1550	1.1610
1.1610	1.1720

support
intraday	intraweek
1.1480	1.1370
1.1370	1.1290

resistance

intraday

intraweek

1.1550

1.1610

1.1720

support

intraday

intraweek

1.1480

1.1370

1.1290

USD/JPY Current level - 112.20

Yesterday's precise test of 112.80 has finalized the consolidation pattern above 112.25 and the downtrend is renewed, towards 110.30 zone.

resistance
intraday	intraweek
112.80	114.50
113.50	115.50

support
intraday	intraweek
111.75	111.75
110.30	110.20

resistance

intraday

intraweek

112.80

114.50

113.50

115.50

support

intraday

intraweek

111.75

110.30

110.20

GBP/USD Current level - 1.3093

My outlook here remains bullish, for a continuation of the upmove, through 1.3130 minor resistance, towards 1.3260 zone.

resistance
intraday	intraweek
1.3130	1.3260
1.3260	1.3500

support
intraday	intraweek
1.3030	1.2810
1.2970	1.2480

resistance

intraday

intraweek

1.3130

1.3260

1.3500

support

intraday

intraweek

1.3030

1.2810

1.2970

1.2480

Author

Stoyan Mihaylov

DeltaStock.com

Stoyan Mihaylov, 42 years old, a Financial Analyst at Deltastock Inc, has an sixteen-year background as a senior FX Dealer, trading spot and outright forwards.

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