EUR/USD -- Fails to record 3-year high above 1.2092 to now
threaten close below 1.2005, which would confirm a near-term top
* 3rd resistance: 1.2108, Jan. 2 2015 high
* 2nd resistance: 1.2089-92, Jan. 4 high, Sept. 8 high
* 1st resistance: 1.2052, Asia high
* Spot: 1.1995
* 1st support: 1.1974-72, Dec. 29 mid open/close price,
conversion line
* 2nd support: 1.1947, 38.2% Fibonacci of Dec./Jan. rise
* 3rd support: 1.1910, Dec. 27 high
GBP/USD -- Contained inside last Wednesday’s range for
third day; retains upside focus on 2017 peak at 1.3657; below
1.3495 required to question the very near-term bullish trend
* 3rd resistance: 1.3657, 2017 high
* 2nd resistance: 1.3613, Jan. 3 high
* 1st resistance: 1.3594, pivot r1
* Spot: 1.3540
* 1st support: 1.3524, Jan. 5 low
* 2nd support: 1.3506-1.3495, Jan. 4 low, Jan. 3 low
* 3rd support: 1.3478, Dec. 29 mid open/close price
USD/JPY -- Bulls may drive market up to 113.64-81 where
‘struggle’ may begin to manifest; momentum runs positive
* 3rd resistance: 113.91, Nov. 14 high
* 2nd resistance: 113.75-81, Dec. 12 high, 76.4% Fibonacci
* 1st resistance: 113.64, Dec. 21 high
* Spot: 113.29
* 1st support: 113.03-112.95, daily pivot, 55-DMA
* 2nd support: 112.87-86, ichimoku baseline, Jan. 4 high
* 3rd support: 112.79, cloud top
AUD/USD -- Lower low confirms trend ‘exhaustion’ signal;
0.7787 Fibonacci support may attract as corrective momentum
picks up
* 3rd resistance: 0.7908, Sept. 22 low
* 2nd resistance: 0.7897, Oct. 13 high
* 1st resistance: 0.7887, 61.8% Fibonacci of Sept./Dec. selloff
* Spot: 0.7830
* 1st support: 0.7815, Jan. 04 low
* 2nd support: 0.7805-0.7795, Jan. 3, 2 low
* 3rd support: 0.7787-74, 23.6% Fibonacci, 100-DMA
Source: Bloomberg Pro Terminal
Trader: Velizar Mitov
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