Major Currency Pairs: EUR/USD USD/JPY GBP/USD : July 24, 2014
Deltastock | Jul 24, 2014 06:33AM ET
EUR/USD
Current level - 1.3481
Current rebound at 1.3437 signals, that the slide from 1.3550 is over and the pair has entered a consolidation mode, preceding next sell-off towards 1.3280. Key resistance on the upside is the already breached 1.3502 area.
USD/JPY
Current level - 101.52
The outlook here is bullish, for a break through 101.60, en route to 101.85 resistance zone. Crucial on the downside is 101.30.
GBP/USD
Current level - 1.7015
The downtrend here is absolutely intact, heading towards 1.6910 support area. Initial intraday resistance lies at 1.7050, followed by the crucial high at 1.7095.
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