Major Currency Pairs: EUR/USD USD/JPY GBP/USD : August 29, 2014
Deltastock | Aug 29, 2014 05:48AM ET
EUR/USD
Current level - 1.3175
The break through 1.3178 signals a failure at 1.3220 resistance and the intraday bias is negative since. My outlook is bullish above 1.3151, for a rise through 1.3220, en route to 1.3298. Crucial on the downside is 1.3151.
USD/JPY
Current level - 103.80
The intraday bias is slightly positive, but I favor a break through 103.63 to provoke a slide towards 103.00 key support zone.
GBP/USD
Current level - 1.6588
My outlook here remains positive, for a break through 1.6600 static resistance, en route to 1.6660 area. Crucial on the downside is 1.6535 low.
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