Major Currency Pairs: EUR/USD USD/JPY GBP/USD : June 26, 2013
Deltastock | Jun 26, 2013 07:52AM ET
Current level - 1.3070
Although the downtrend has been renewed after yesterday's rebound to 1.3150, my outlook here is counter-trend, for a reversal and a rise towards 1.3170 and 1.3255. Trigger on the upside is 1.3110 intraday resistance.
USD/JPY
Current level - 97.53
My outlook here is negative, for a slide through 96.90, en route to 95.70. Crucial for the current minor downtrend from 98.22 is 97.90 resistance.
GBP/USD
Current level - 1.5428
The pattern above 1.5346 low is corrective in nature and I favor one more leg towards 1.5570 resistance area. Initial intraday support is projected at 1.5390.
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