EurUsd below 1.3025, is finding support on former trend lines. A rebound above 1.3025 would argue for a return towards 1.3120. Further downside pressure is expected later on (below 1.2970, in direction of 1.2855).
GbpUsd is challenging a break of 1.4275, finding support (1.4135 this morning). A closing price below 1.4275 would argue for further downside pressure. The currency pair is seen choppy, between 1.4135 and 1.4360.
UsdJpy within a narrow range is finding support on 90.10. Below that level, a return towards 89.65 might be seen (the bullish break point is at 90.75).
UsdChf is seen doing a pullback towards 1.1285 (former bullish break level), encountering strong resistance between 1.1390 and 1.1440 (ascending resistance line).
Full Article at: http://www.ac-markets.com/forex-news/daily-forex-news.aspx
GbpUsd is challenging a break of 1.4275, finding support (1.4135 this morning). A closing price below 1.4275 would argue for further downside pressure. The currency pair is seen choppy, between 1.4135 and 1.4360.
UsdJpy within a narrow range is finding support on 90.10. Below that level, a return towards 89.65 might be seen (the bullish break point is at 90.75).
UsdChf is seen doing a pullback towards 1.1285 (former bullish break level), encountering strong resistance between 1.1390 and 1.1440 (ascending resistance line).
Full Article at: http://www.ac-markets.com/forex-news/daily-forex-news.aspx
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