Current level - 1.3767

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.

A local bottom has been set at 1.3608 and current rise above that level is a corrective phase, preceding next leg downwards, to 1.3520 and 1.3360. Reliable intraday resistance can be found at 1.3810-20, followed by the major one at 1.3950.

Key Market Levels

1.3820	1.3872	1.4250	1.4550
1.3710	1.3636	1.3520	1.3360

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 Current level - 78.08

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.

A consolidation pattern above 77.70 support is underway and one more upswing for a tight test of 80.00 resistance area is to be expected. Intraday resistance can be found around 78.50 dynamic projection.

Key Market Levels

78.50	79.50	80.+	81.50
77.70	76.60	75.75	74.20

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Current level - 1.6011

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 broke through 1.5997 dynamic projection of the trend-line from 1.5270 and the pair marked an intraday low at 1.5891. Current rebound above 1.5890 is corrective in nature and I expect 1.6060 to limit the upside for a second, more powerful sell-off towards 1.5680.

Key Market Levels

1.6060	1.6168	1.6250	1.6440
1.5970	1.5891	1.5853	1.5680