EUR/USD -- Powers to a fresh 3-year high in Asia session
before staging a sharp intraday reversal; any close below 1.2195
should float notion of blow-off top
* 3rd resistance: 1.2384, price low in 2014
* 2nd resistance: 1.2353, price high in 2014
* 1st resistance: 1.2323, Asia high
* Spot: 1.2232
* 1st support: 1.2195-88, price lows
* 2nd support: 1.2158, pivot s2
* 3rd support: 1.2117, mid open/close price
GBP/USD -- Prints highest since 2016 in Asia session before
intraday bull capitulation; bearish handover to Europe and
potential near-term blow-off top
* 3rd resistance: 1.3908, pivot r3
* 2nd resistance: 1.3844, pivot r2
* 1st resistance: 1.3836, Asia high, price low in 2016
* Spot: 1.3783
* 1st support: 1.3742-24, price lows
* 2nd support: 1.3716, pivot s2
* 3rd support: 1.3652, pivot s3
USD/JPY -- Hint of near-term bottom after successful test
and rebound near 110.15 Fibonacci support
* 3rd resistance: 111.73, 200-DMA
* 2nd resistance: 111.19-29, price high, pivot r2
* 1st resistance: 110.98, price high
* Spot: 110.75
* 1st support: 110.15, 61.8% Fibonacci of Sept./Nov. rise
* 2nd support: 109.95, 100-week MA
* 3rd support: 109.56, price low in 2017
AUD/USD -- Spikes in Asia, however falters right at the
0.80 handle; mounting risks of a near-term tactical top if bears
can close market sub-0.7937
* 3rd resistance: 0.8102, price high
* 2nd resistance: 0.8036, price high
* 1st resistance: 0.7999, Asia high
* Spot: 0.7971
* 1st support: 0.7940, pivot s1
* 2nd support: 0.7925-29, price high, mid-open/close price
* 3rd support: 0.7886, price low
Source Bloomberg Pro Terminal
Trader Velizar Mitov
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