Current level - 1.3477

The pair is in a broad consolidation pattern below 1.4580 resistancearea and current sell-off from 1.4550 is expected to be the final slideto complete that pattern. Technical indicators on the larger frames areneutral and trading is situated betweenthe 50 and 200 dailySMAs,currently projected at 1.4301  and 1.4020.

The consolidation pattern above 1.3420 is already complete withFriday's peak at 1.3612 and current bias is negative, towards 1.3361target area. Crucial resistance on the upside is 1.3540. 

Key Market Levels

1.3540	1.3612	1.3860	1.3950
1.3420	1.3360	1.3361	1.3145

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 Current level - 76.80

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

As expected, Friday's slide bottomed few pips above 76.50 supportarea and currently the outlook is bullish, for a test of 77.50resistance. Initial intraday resistance is projected at 77.03. 

Key Market Levels

77.50	77.90	80.+	81.50
76.50	76.50	75.75	74.20

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 Current level - 1.5747

The pair is in a downtrend from 1.6616 high. Technical indicators aredescending and trading is situated below the50- and 200-day SMA, currently projected at 1.6209 and 1.6098.

Last week's consolidation pattern has been completed with Friday'speak at 1.5888 and after this reversal the bias is negative towards1.5630, en route to 1.5530 target area. Intraday resistance  comes at1.5766 and crucial is 1.5803. 

Key Market Levels

1.5803	1.5888	1.5980	1.6168
1.5690	1.5630	1.5530	1.5270