Major Currency Pairs: EUR/USD USD/JPY GBP/USD : January 21, 2014
Deltastock | Feb 21, 2014 04:51AM ET
EUR/USD
Current level - 1.3712
The key support at 1.3680 is still intact and currently it guards the positive outlook on the 4h. frame, for a rise through 1.3770. The intraday bias however is negative below 1.3725 minor resistance.
USD/JPY
Current level - 102.50
Yesterday's test of 101.60 dynamic support failed and the reversal of the downtrend signals a possible upswing towards 103.20 for finalizing the corrective pattern after 100.74 low. The intraday bias is positive with an initial resistance at 102.70.
GBP/USD
Current level - 1.6670
The corrective slide from 1.6821 peak is still underway, and only a clear break through 1.6740 crucial resistance will signal a renewal of the general uptrend. Initial intraday support lies at 1.6580.
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