The bias here is already negative after the recent reversal at 118.10, for a break through 116.50, en route to 115.70 and 113.60 later on. Intraday resistance is projected at 117.15.
The outlook here remains bearish, for a slide towards 1.4000 sentiment area. Initial resistance is projected at 1.4240, followed by the crucial 1.4345.
Yesterday's dip to 1.4080 signals a reversal of a higher magnitude and my outlook here is already bullish, for a break through 1.4240, en route to 1.4360 and 1.4500 later on.
Yesterday's rise broke through 1.4450 hurdle and the outlook here remains positive, for another advance towards 1.4790 resistance area. Minor intraday support lies at 1.4560.
EUR/USD continues to advance forward, towards the projected target at 1.1305. Initial intraday support lies at 1.1150, followed by the crucial low at 1.1060.
A top has been set at 1.1250 and the outlook on the lower frames is already bearish, for a slide towards 1.1060. Initial intraday resistance lies at 1.1150.
Yesterday's break through 1.1250 peak led to a new high at 1.1337 and my outlook remains bullish, for a rise towards 1.1490. Initial intraday support lies at 1.1240 and crucial on the downside is 1.1085 low.
The downtrend is absolutely intact and after the break through 113.20 support, the focus is set on 110.00 sentiment area. Initial intraday resistance lies at 112.25, followed by 113.20 crucial area.
The intraday bias is slightly positive and a break through 113.40 resistance will signal a renewal of the positive bias for a rise towards 114.30, en route to 115.90.
The upmove from 112.15 low is still intact, heading towards 115.17 resistance area. Initial intraday support lies at 114.10, followed by the crucial one at 113.30.
The recent break through 1.0910 confirms a reversal at 1.0824 and the overall outlook is bullish, for a rise towards 1.1070 area. The intraday bias however is negative below 1.0980 minor resistance and initial support lies at 1.0910.
