EUR/USD
Near-term slide from 1.4281, 14 July high, found temporary support just above strong support zone at 1.4000. Subsequent bounce regained 1.4100 handle, extending to 1.4135, where gains were capped by 20 day MA. Broader outlook remains bearish, with the latest weakness under 1.4100, increasing risk of fresh attempt at 1.4000, below which to focus 1.3950 and 1.3836 on a break. On the upside, regain of 1.4135 to focus 1.4200, however, main near-term barrier at 1.4281 needs to be cleared to confirm higher low at 1.4013 and resume short-term uptrend from 1.3836, 12 July low.
Res: 1.4121, 1.4135, 1.4188, 1.4198
Sup: 1.4067, 1.4013, 1.4006, 1.4000
GBP/USD
Recovers yesterday
Linear Mode
