Current level - 1.4022

The pair is in a broad consolidation pattern below 1.4580 resistance area and current sell-off from 1.4550 is expected to be the final slide to complete that pattern. Technical indicators on the larger frames are neutral and trading is situated below the 50 and 200 daily SMAs, currently projected at 1.4301  and 1.4020.

Yesterday's impulsive sell-off bottomed at 1.3799 and sharply reversed, initiating a new uptrend, which broke through 1.3950 resistance area. The outlook is bullish for 1.4150, en route to 1.4270, with support around 1.3950.

Key Market Levels

1.4038	1.4150	1.4270	1.4270
1.3950	1.3799	1.3515	1.3145

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 Current level - 75.90

The overall downtrend continues to be intact, aiming at new historical lows below 75.95. Technical indicators are still descending and crucial resistance on the daily frame is 80.20.

Still in the consolidation pattern below 76.60 and until that resistance remains intact, the outlook will be negative, for 74.90 and 74.20

Key Market Levels

76.60	77.08	77.85	80.20
75.75	---	75.75	74.20

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Current level - 1.6006

The pair is in a downtrend from 1.6616 high. Technical indicators are descending and trading is situated below the 50- and 200-day SMA, currently projected at 1.6209 and 1.6098.

 Yesterday's sell-off couldn't even test precisely 1.5850 support area and reversed at 1.5890, initiating a renewal of the uptrend for a break beyond 1.6041 high. The bias is positive for 1.6130, en route to 1.6250.

Key Market Levels

1.6042	1.6150	1.6150	1.6270
1.5980	1.5853	1.5630	1.5330