The interim rising support on daily chart (at 1.5751 today) that has held up mostly except for a spike down below it right on the Asian open on Monday, but moved back above fairly quickly. So expect his line to provide support today. Then key support is 1.5500 and a break below this level would be bearish. To the upside the 1.5915 resistance level is still key level that needs to be taken out to extend towards sub 1.60 levels.
Support: 1.5751 (rising sup), 1.5500 (key level), 1.5344 (38,20% Fibonacci) 1.5104 (rising support), 1.4967 (break out level)
Resistance: 1.5914 (all time high), 1.6000(psychological level)
240 min Rising support coming in at 1.5690.
Bearish momentum is intact below 1.9875 today (falling res). A break above 1.9875 opens for higher levels. Tested that former overhead resistance line (now support), coming in at 1.9602 yesterday and the same line is support today at 1.9596.
Support: 1.9596 (former overhead res), 1.9360, 1.9337 (key Jan low), 1.9310
Resistance: 1.9875 (falling res), 2.0210 (falling res from Nov07 highs)
120 min Falling resistance coming in at 1.9875.
Been consolidating last few sessions after is broke out of that triangle on daily chart last week. Bearish momentum intact below the falling resistance at 1.0151 today, but needs to break below 0.9870 to open for more aggressive sell off.
Support: 0.9870, 0.9647 (all time low)
Resistance: 1.0151(falling res), 1.0216 (reaction high), 1.0560(former underlying support)
Quite choppy price action of late and break out levels are 100.00 to the downside and 102.67 to the upside. Next key level is former underlying support coming in at 100.00 (last weeks low). Key falling resistance coming in at 102.67 today, expect to see selling pressure on the first test of this resistance line.
Support: 100.00, 98.80, 95.70 (yearly low)
Resistance: 102.67 (falling res), 103.60 (former underlying sup), 104.95 (former 2008 low), 105.70 (former key support)
Could not extend all the way down to the key support at 157.64 Monday, so still looks range bound between this support level and key resistance at 161.73 level.
Support: 159.00 (former break out level),157.64 (former falling res, now sup), 153.60, 151.70 (yearly low)
Resistance: 161.73 (overhead resistance), 162.17 (key res)
The falling resistance held up at 1.0275 on Monday and it has moved lower since and taking out interim rising support at 1.0116 this morning. Now targeting the key risings support at 0.9983 next. Key resistance remains the 2008 high of 1.0378.
Support: 0.9983 (rising support from Nov07 low), 0.9710 (28/2 low)
Resistance: 1.0275 (falling res), 1.0378 (key level), 1.0400(former key support.)
Broke above the at 0.80 last week, confirming the bullish momentum is strongly intact. Rising support coming in at 0.7905 today and while above this level the outlook remains bullish. Overhead resistance kicking in at 0.8066 level, which I expect to see some selling interest from short term players. (Look how this overhead resistance line has held up throughout the recent rally)
Support: 0.7905 (interim rising sup), 0.7612 (former high), 0.7597(key level), 0.7515 (former res)
Resistance: 0.8066 (overhead resistance)
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