Major Currency Pairs: EUR/USD USD/JPY GBP/USD : April 03, 2014
Deltastock | Apr 03, 2014 07:33AM ET
EUR/USD
Current level - 1.3762
The outlook is already bearish after the recent reversal at 1.3819, targeting 1.3704, en route to 1.3640. Initial intraday resistance lies at 1.3780, followed by the crucial 1.3880.
USD/JPY
Current level - 103.96
The uptrend here is intact, with an initial intraday support at 103.70 and current resistance at 104.50. Only a violation of the crucial 103.40 will signal a reversal of the upmove from 101.70.
GBP/USD
Current level - 1.6611
The intraday bias is negative after the unsuccessful tests at 1.6660 and the pair is heading towards 1.6553 support, en route to 1.6470 lows.
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