The outlook here is bullish, for a break through 1.4514 high, en route to 1.4670 resistance. Initial intraday support lies at 1.4450 and crucial on the downside on the senior frames is 1.4300 area.
The downtrend broke through 107.60 low and the bias remains bearish, for a slide towards 105.40 support zone. Initial resistance lies at 107.00, followed by the crucial area around 107.60.
The pair is ready for a break through 107.60 resistance and a violation of the latter will expose 108.80 hurdle. Initial intraday support lies at 106.40.
The recent peak at 109.37 signals a reversal of the whole upswing from 106.40 and the outlook is negative, for a break through 108.22 hurdle , towards 107.60 major support.
The failure at 108.22 support signals a reversal of the intraday slide and the outlook is already bullish, for another attempt towards 109.90 resistance zone.
The outlook here remains negative after the recent low at 1.1280, for a further slide towards 1.1217 support zone. Key intraday resistance lies at 1.1370.
The intraday outlook is bullish above 109.10 minor support, for a rise towards 109.90 resistance area. Crucial boundary on the downside remains projected at 108.25.
Yesterday's rise peaked at 1.1350 and the consolidation pattern above 1.1280 is already over, so the downtrend is renewed, towards 1.1217 support zone. Crucial on the upside is 1.1370 resistance.
The slide through 1.1280 has reached a local low at 1.1203 and the bias is still negative, with a risk of another dip towards 1.1140 area. Initial intraday resistance lies at 1.1250, followed by the crucial 1.1290.
The intraday outlook is already bearish after the recent reversal at 110.45 and the bias is negative below 109.85, for a slide towards 109.10 support area.
A minor reversal took place below 1.4770 resistance and my outlook is bearish, for a slide towards 1.4540 key hurdle. Minor intraday resistance lies at 1.4680.
Despite yesterday's rebound to 1.1155 the overall outlook remains negative, for a slide towards 1.1050 area. Initial intraday resistance lies at 1.1160 and crucial on the upside is 1.1215.
There is still no sign of a reversal here and the pair is aiming for a tight test of 1.4330 support area. Key resistance on the upside is projected at 1.4540.
