Major Currency Pairs: EUR/USD USD/JPY GBP/USD : November 13, 2013
Deltastock | Nov 13, 2013 06:34AM ET
Current level - 1.3436
Still in the consolidation pattern above 1.3295 low and until 1.3450 major resistance is intact, the outlook will be negative, for a renewal of the downtrend. The intraday bias is positive, supported at 1.3415, with a crucial level at 1.3357.
USD/JPY
Current level - 99.57
The bias here remains bullish above 99.30 support level, for a rise towards 100.60 resistance. An eventual break through the former will target 98.40 support zone.
GBP/USD
Current level - 1.5894
Current rebound above 1.5850 low should be considered corrective in nature, thus preceding next leg downwards, to 1.5750 major support. Initial intraday resistance is projected at 1.5950 and crucial on the upside is 1.6020 area.
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