EURUSD
The Euro accelerated lower post Fed and erased gains of corrective 1.2858.1.2993 rally, with lower top left at 1.2993. This confirms 1.30 zone as strong barrier, as break below previous low at 1.2858, shifts focus towards 1.2800, round-figure support and short-term targets at 1.2786, Fibonacci 61.8% retracement of 1.2042/1.3992 and 1.2750 higher base. Near-term technicals turned bearish and support the notion, with corrective attempts off fresh session lows, ideally to be capped at 1.29 zone, near 50% of 1.2978/1.2832 downleg.
Res: 1.2888; 1.2900; 1.2920; 1.2942
Sup: 1.2852; 1.2832; 1.2800; 1.2786
GBPUSD
Cable remains steady and returns to 1.63 zone, which was broken on yesterday
Linear Mode
