EURUSD
The Euro fell to the near-term range floor at 1.3540 zone, reinforced by 4-hour Ichimoku cloud top, after repeated failure at 1.3600 barrier triggered quick pullback. Having cracked 4-hour 55DMA that so far protected the downside, the pair risks further easing, as hourly studies are negatively aligned and 4-hour indicators breaking into negative territory. The initial trigger will be loss of 1.3540 that would open way towards 1.3500 and more significant 1.3460 higher platform, below which to confirm reversal and near-term top at 1.3645. Alternatively, holding above 1.3540, would signal prolonged sideways movements, with only break above 1.3600, required to shift near-term focus higher and re-expose key 1.3645 peak.
Res: 1.3562; 1.3583; 1.3600; 1.3630
Sup: 1.3544; 1.3537; 1.3500; 1.3460
GBPUSD
Cable
Linear Mode
