Major Currency Pairs: EUR/USD USD/JPY GBP/USD : July 18, 2013

Published 07/18/2013, 06:36 AM
Updated 03/09/2019, 08:30 AM
EUR/USD

Current level - 1.3095
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Yesterday's rise failed to reach previous high at 1.3205 and the pair is currently caught in a tight range between 1.3090 and 1.3173. I favor a break on the downside, through 1.3090 and 1.3000 major hurdle, en route to 1.2946 and later on towards 1.2750 lows.
Resistance & Support
USD/JPY

Current level - 100.10
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The intraday bias is positive above 99.80 static support, for a rise towards 100.80 resistance area. Crucial on the downside is 99.45 low.
Resistance & Support
GBP/USD

Current level - 1.5105
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A local top has been set at 1.5267 and although the bias here is still positive, I favor a break through 1.5160 support area to provoke a slide through 1.5077, en route to 1.4990 and 1.4810 lows later on. Resistance on the upside is still projected around 1.5305.
Resistance & Support

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