Current level - 1.4178

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 between the 50 and 200 daily SMAs, currently projected at 1.4301  and 1.4020.

Yesterday's break above 1.4038 resulted in a fast impulsive rise to 1.4249, few pips below 1.4270 resistance area. Current slide from 1.4249 is corrective, preceding next leg upwards, to 1.4550 major static resistance. Intraday support can be spotted at 1.4110 and crucial on the downside is 1.3950 area.

Key Market Levels

1.4200	1.4270	1.4270	1.4550
1.4110	1.4038	1.3950	1.3650

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 Current level - 75.86

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
75.65	---	75.75	74.20

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Current level - 1.6090

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.

 My first target at 1.6130 has been filled and the bias remains positive for 1.6250. Intraday support is projected at 1.6040, followed by the crucial 1.5977.

Key Market Levels

1.6150	1.6270	1.6270	1.6440
1.6040	1.5977	1.5853	1.5330