Major Currency Pairs: EUR/USD USD/JPY GBP/USD : May 19, 2014
Deltastock | May 19, 2014 06:48AM ET
EUR/USD
Current level - 1.3711
The rebound above 1.3645 low signals a reversal of the whole slide from 1.3993 high and the bias here is positive, for a break through 1.3730 resistance, en route to 1.3790 area. Initial minor support lies at 1.3680 and crucial on the downside is 1.3645 low.
USD/JPY
Current level - 101.30
The bias here is bearish, for a slide towards 100.70 support zone. Crucial on the upside is 101.66 high.
GBP/USD
Current level - 1.6826
The outlook here remains bullish after the recent reversal at 1.6730, for a rise towards 1.6914 resistance zone. Initial minor intraday support lies at 1.6807, followed by the key area at 1.6780.
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