EUR/USD -- Road to 1.1600 handle remains open as long as
55-DMA caps on a closing basis; BBDXY rally resumes for another
attempt at 23.6% Fibonacci retracement of 2017 drop
* 3rd resistance: 1.1902, 21-DMA
* 2nd resistance: 1.1862-66, double-bottom on Sept. 20-21
* 1st resistance: 1.1823, 55-DMA
* Spot: 1.1766
* 1st support: 1.1717-21, Sept. 27-28 potential double-bottom
* 2nd support: 1.1679, 23.6% Fibonacci retracement of 2017 rally
* 3rd support: 1.1600, H&S price target
USD/JPY -- Marginal close above 2017 downtrend last week
needs fresh impetus as to confirm bullish breakout toward 114.00
* 3rd resistance: 114.49, July 11 high
* 2nd resistance: 114.29, 61.8% Fibonacci retracement of 2017
drop
* 1st resistance: 113.21-26, Sept. 28-27 highs
* Spot: 112.84
* 1st support: 112.19-22, Ichimoku conversion line, Sept. 27 low
* 2nd support: 111.48-50, Sept. 25-26 double-bottom
* 3rd support: 110.93, 21-DMA
GBP/USD -- Bearish bias materializes on mean reversion; 21-
DMA to set the near-term tone
* 3rd resistance: 1.3514, Sept. 26 high
* 2nd resistance: 1.3461, Sept. 27 high
* 1st resistance: 1.3444, Sept. 29 high
* Spot: 1.3361
* 1st support: 1.3343, Sept. 28 low
* 2nd support: 1.3336, 21-DMA
* 3rd support: 1.3320, 38.2% Fibonacci retracement of rise since
Aug. 24
AUD/USD -- Enters after rising wedge breakout target
reached
* 3rd resistance: 0.7960, 21-DMA
* 2nd resistance: 0.7941, 55-DMA
* 1st resistance: 0.7889, Sept. 27 high
* Spot: 0.7815
* 1st support: 0.7800, Sept. 28 low
* 2nd support: 0.7786, July 18 low
* 3rd support: 0.7740, July 13 high
Source: Bloomberg Pro Terminal
Trader: Velizar Mitov
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