DOLLAR INDEX
The Dollar Index is trading around the support zone of 101.60, and prices are likely to move sideways today between the aforementioned support zone and the resistance area around 102.30.
|
Support |
101.60 | 101 | 100.50 |
| Resistance | 102.30 | 102.60 |
103 |
EURUSD
The EUR/USD pair broke above the 1.1040 level in previous trading, which opens the way for prices to rise and form new highs. However, if prices decline and break below the 1.1040 level, we may retest the 1.1000 area.
|
Support |
1.1040 | 1.1000 | 1.0940 |
| Resistance | 1.1086 | 1.1140 |
– |
GBPUSD
The GBP/USD pair has broken above the 1.2980 level, and prices are likely to move sideways today between the minor resistance area at 1.3000 and the support zone around 1.2970.
|
Support |
1.2970 | 1.2900 | 1.2850 |
| Resistance | 1.3000 | 1.3030 |
1.3070 |
USDJPY
The USD/JPY pair is trading below the resistance level of 147.70. A breakout above this level could target 149.90, but this scenario would be invalidated if the price breaks below the 145.40 level.
|
Support |
146.50 | 145.40 | 143.70 |
| Resistance | 147.70 | 149.90 |
152 |
