EUR/USD -- Consolidates within a strong uptrend
* 3rd resistance: 1.1447-51, May 11, 2016 high,’15 channel
top
* 2nd resistance: 1.1377, July 4 high
* 1st resistance: 1.1392, June 30 low
* Spot: 1.1344
* 1st support: 1.1336, July 4 low
* 2nd support: 1.1292, June 28 low
* 3rd support: 1.1260-51, June 27 mid open/close, 21-DMA
* GBP/USD -- Upper boundary of the thick ichimoku cloud
provides support for second day at 1.2907
* 3rd resistance: 1.3048, May 18 high
* 2nd resistance: 1.3030, June 30 high
* 1st resistance: 1.2959, July 4 high
* Spot: 1.2908
* 1st support: 1.2907, ichimoku cloud top
* 2nd support: 1.2870-61, 55-DMA, June 27 high
* 3rd support: 1.2831, 21-DMA
AUD/USD -- Correcting uptrend; 21-DMA support in play
* 3rd resistance: 0.7695, July 2 high
* 2nd resistance: 0.7683, July 4 high
* 1st resistance: 0.7634-45, July 4 mid price, July 3 low
* Spot: 0.7617
* 1st support: 0.7591-90, July 4 low, 21-DMA
* 2nd support: 0.7577, June 28 low
* 3rd support: 0.7559-54, June 26 low, 100-DMA
USD/CHF -- Undergoing oversold bounce against U.S. election
reaction low
* 3rd resistance: 0.9738, June 26 high
* 2nd resistance: 0.9676-84, June 23, 26 low
* 1st resistance: 0.9664, June 27 mid open/close price
* Spot: 0.9663
* 1st support: 0.9622, July 4 low
* 2nd support: 0.9598, June 30 high
* 3rd support: 0.9570, July 3 low
Source: Bloomberg Pro Terminal
Trader Velizar Mitov
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