FOREX Major Support and Resistance 26.9.2017

EUR/USD -- Head & shoulders pattern breakout targets 1.1600
as long as neckline resistance at 1.1850 holds on a daily basis;
false breakout targets return to 1.2004 resistance
* 3rd resistance: 1.2004, Sept. 22 high
* 2nd resistance: 1.1929, 21-DMA
* 1st resistance: 1.1862-66, double-bottom on Sept. 20-21
* Spot: 1.1853
* 1st support: 1.1832-26, Sept. 25 low, 61.8% Fibonacci of Aug.
17 move up
* 2nd support: 1.1823, Aug. 31 low
* 3rd support: 1.1774, Aug. 25 low

USD/JPY -- Risk-off mood in markets brings first signs of
possible correction lower
* 3rd resistance: 112.72-80, Sept. 21 high, 76.4% Fibonacci of
July-Sept. selloff
* 2nd resistance: 112.53, Sept. 25 high
* 1st resistance: 111.80, Asia session high
* Spot: 111.53
* 1st support: 111.48, Sept. 25 low
* 2nd support: 111.14, Ichimoku conversion line
* 3rd support: 110.83, Sept. 18 low

GBP/USD -- Stays in sideways trading with marginal bearish
bias below 1.35 handle
* 3rd resistance: 1.3657, Sept. 20 high
* 2nd resistance: 1.3596, Sept. 22 high
* 1st resistance: 1.3571, Sept. 25 high
* Spot: 1.3485
* 1st support: 1.3431, Sept. 25 low
* 2nd support: 1.3406, Sept. 14 high
* 3rd support: 1.3320, 38.2% Fibonacci retracement of rise since
Aug. 24

AUD/USD -- 55-DMA support into play as rising wedge
breakout targets Aug. 15 low at 0.7808
* 3rd resistance: 0.8125, Sept. 8 high
* 2nd resistance: 0.8102, Sept. 20 high
* 1st resistance: 0.7983, 21-DMA
* Spot: 0.7939
* 1st support: 0.7936, 55-DMA
* 2nd support: 0.7908, Sept. 22 low
* 3rd support: 0.7808, Aug. 15 low

Bloomberg Pro Terminal 

Trader Velizar Mitov

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