EUR/USD
The pair tumbled towards key short-term support following strong gains through 1.3750 barrier, to hit levels close to 1.3800, where the rally stalled. Loss of initial support at 1.3585 and further extension below 1.3555, risks lower top at 1.3796 and possible attack at key 1.3500 level. With 20 day MA above the price and near-term studies in red territory, further downside extension would be the likely scenario. Below 1.3500 to confirm a continuation of the broader downtrend and expose 1.3427 next. Immediate barriers lie at 1.3585/1.3630 zone, while regain of 1.3700 handle is required to sideline immediate bears.
Res: 1.3585, 1.3600, 1.3630, 1.3650
Sup: 1.3526, 1.3500, 1.3450, 1.3427
GBP/USD
Yesterday
Linear Mode
