EUR/USD: Should test 1.1330 before drowning back to 1.1175 lows

EUR/USD Current level - 1.1284

The bias remains positive, for a test of 1.1340 zone. Crucial on the downside is 1.1250 low.

Forex Technical Analysis on EUR/USD

resistance
intraday intraweek
1.1330 1.1570
1.1330 1.1830
support
intraday intraweek
1.1250 1.1175
1.1175 1.0860

 

 

USD/JPY Current level - 111.82

The break above 111.25 has confirmed a reversal of the whole slide since 111.80 peak and the outlook is positive, for a test of 112.15 high. Minor support lies at 111.66.

Forex Technical Analysis on USD/JPY

resistance
intraday intraweek
112.15 113.00
112.15 114.50
support
intraday intraweek
111.66 108.90
111.25 107.40

 

 

GBP/USD Current level - 1.3057

The intraday bias is neutral and only a violation of 1.3120 will allow a test of 1.3200 area. Crucial support lies at 1.2960.

Forex Technical Analysis on GBP/USD

resistance
intraday intraweek
1.3120 1.3450
1.3200 1.3450
support
intraday intraweek
1.2960 1.2820
1.2960 1.2610

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