Still bearish outlook after the break below 1.4520 Friday and any rally towards 1.45 looks like a selling opportunity. To the downside 1.4173 is key support.
Support: 1.4330 and 1.4173 (key)
Resistance: 1.4520 and 1.4701(key falling res)
Hit the key 2.0100 level yesterday and found solid support, this was key support both on long term rising uptrend line and underline short term support, so good place to buy on the first test and maybe 2nd test as well. However if it breaks below 2.0068 then it should fall a bit lower. Upside you have resistance from 2.0440 to 2.0500 basically and I donâ€™t expect it to break above this level this week, so any rally up there is a possible sell.
Support: 2.0105 (key), 2.0080 (key), 2.0068 (rising support)
Resistance: 2.0330 (former breakout), 2.0440 (falling res), 2.0475(falling res), 2.0503 (key level)
Falling resistance coming in at 1.1560 and 1.1706 today and rising trend line and former key support at 1.1624. To the downside; rising support at 1.1387 and break out level at 1.1325
Support: 1.1414 (key rising), 1.1360
Resistance: 1.1706 (key level), 1.1660 (former support line)
Key downtrend line coming in at 114.09 today and would look to sell on any approach towards this level. Key support is rising support at 112.20.
Support: 112.70, 112.20 (rising uptrend line from Nov low) and 111.87 (key level)
Resistance: 114.09 (key level), 114.73 (reaction high 11/7-07)
Key rising uptrend line from the August low coming in at 161.62 today, so buy dips to this level or sell on approach of 163.80 resistance.
Support: 161.62 (rising key sup from Aug low), 161.28 (rising sup from Nov low), 160.90 (former key sup)
Resistance: 163.80 (pivot level over the last week), 164.82 (falling res), 165,30 (Key level)
Rising overhead resistance at 1.0262 today and underline support coming in at 1.0020 today. Traded below the 1 month old uptrend line for the first time yesterday. A daily close below this line is a bearish signal.
Support: 1.0020 (trend channel support), 0.9974(reaction low several times of the last month), 0.9834, 0.9703 (1 month low)
Resistance: 1.0262 (key level, overhead res)
Key rising uptrend line coming in at 0.7088 today, so buy ahead of there.
Support: 0.7100, 0.7088 (reaction low 3/12), 0.7088 (key uptrend level), 0.7027 (former break out)
Resistance: 0.7202 (falling resistance from high, key level), 0.7239 (2007 high), 0.7254 (2003 high)
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