Major Currency Pairs: EUR/USD USD/JPY GBP/USD : September 19, 2014
Deltastock | Sep 19, 2014 06:57AM ET
EUR/USD
Current level - 1.2892
The recent rebound to 1.2930 should be considered corrective and my outlook here is bearish, for a break through 1.2860, en route to 1.2750.
USD/JPY
Current level - 109.14
The uptrend here is absolutely intact, heading towards 110.60 target zone. Initial intraday support lies at 108.90.
GBP/USD
Current level - 1.6440
Due to the increased volatility, the pair managed to test even 1.6530 resistance, but the intraday bias is already bearish, for a slide towards 1.6345, en route to 1.6050. Initial intraday resistance lies at 1.6479.
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