EUR/USD Current price: 1.3765


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The EUR/USD consolidates near its daily low of 1.3753 after worse than expected US data, unable to recover the lost ground and maintaining a short term negative tone:  the hourly chart shows price below a bearish 20 SMA now capping the upside around 1.3780, while indicators head south below their midlines. In the 4 hours chart the bearish tone is also quite strong, supporting further falls down to 1.3710 support: buyers will likely surge on approach to the level, limiting the pair for further falls today.


Support levels:  1.3740 1.3710 13670


Resistance levels: 1.3780 1.3810 1.3835



GBP/USD Current price: 1.6069


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The GBP/USD extended its fall after breaking 1.6120 down to 1.6060, from where the pair is slowly grinding higher. Still, the hourly chart maintains a pretty bearish tone, with 20 SMA acting as dynamic resistance around 1.6105 and indicators heading south in negative territory. In the 4 hours chart indicators also hold in negative territory, although turning flat and losing partially the bearish strength. Failure to regain 1.6100 should keep the downside favored, with a break below daily low pointing for a steady slide towards 1.5970 static support. 


Support levels: 1.6060 1.6015 1.5970


Resistance levels: 1.6090 1.6120 1.6165 



USD/JPY Current price: 97.90


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The USD/JPY extended its advance to the 98.00 level holding nearby with US opening and maintaining the bullish tone according to short term readings, with price steady above 100 and 200 SMAs and indicators heading higher in positive territory. The rally will find strong resistance however around 98.40 100 DMA, and only steady gains above it will support further gains in the pair.


Support levels: 97.40 97.00 96.70


Resistance levels: 98.40 98.80 99.10



AUD/USD Current price: 0.9497


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Australian dollar was strongly hit by RBA governor Stevens’ words past Asian session, with AUD/USD breaking below the 38.2% retracement of its latest daily bullish run, leaving little room for recoveries as price consolidates below 0.9514 mentioned Fibonacci resistance. Gold fading gains also weights on the pair that may extend down to 0.9450 before finding some short term buyers.


Support levels: 0.9490 0.9450 0.9420


Resistance levels:  0.9515 0.9540 0.9590
















































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