EUR/USD -- Drop below 1.1642 could see a lower highs, lower
lows pattern developing; close above 1.1733 needed to reinforce
bullish momentum
* 3rd resistance: 1.1780, 38.2% Fibonacci retracement of losses
since Feb. 16
* 2nd resistance: 1.1740-50, highs in July-Aug.
* 1st resistance: 1.1733, Aug. 28 high
* Spot: 1.1683
* 1st support: 1.1642, Aug. 30 low
* 2nd support: 1.1618, 55-DMA
* 3rd support: 1.1595, Aug. 27 low
GBP/USD -- Orbits arround 55-DMA and trendline; failure could
see a deep corrective pullback while strength changes the
pound’s technical picture altogether
* 3rd resistance: 1.3189, July 26 high
* 2nd resistance: 1.3064, trendline resistance of channel since
May
* 1st resistance: 1.3054, 55-DMA
* Spot: 1.3020
* 1st support: 1.2985, Aug. 30 low
* 2nd support: 1.2932-36, Aug. 28-22 highs
* 3rd support: 1.2862, 21-DMA
* 3rd support: 1.2862, 21-DMA
USD/JPY -- Consolidates amid signs of bullish bias
* 3rd resistance: 112.15, Aug. 1 high
* 2nd resistance: 111.83-87, Aug. 29-3 highs
* 1st resistance: 111.57, cloud top
* Spot: 111.00
* 1st support: 110.81, conversion line
* 2nd support: 110.52, Aug. 23 low
* 3rd support: 109.78, Aug. 21 low
AUD/USD -- Bearish bias prevails as Aug. lows back in play
* 3rd resistance: 0.7370, 55-DMA
* 2nd resistance: 0.7362, Aug. 28 high
* 1st resistance: 0.7324, 21-DMA
* Spot: 0.7260
* 1st support: 0.7238, Aug. 24 low
* 2nd support: 0.7211, pivot s2
* 3rd support: 0.7203, Aug. 15 low
Source: Bloomberg Finance L.P.
Chart: Used with permission of Bloomberg Finance L.P.
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