Major supports and resistances on the USD cross currencies today on 05/18/2017

18.05.2017 / 08:51

Rating:

* USD/JPY -- Bearish close, sell rallies into Ichimoku cloud
** 3rd resistance: 113.80 May 16 high
** 2nd resistance: 113.12 May 15 high
** 1st resistance: 112.82 100-DMA
** Spot: 110.80
** 1st support: 109.60 April 25 low
** 2nd support: 108.13 April 17 low
** 3rd support: 106.95 Nov. 10 high

* AUD/USD -- Needs to close above 0.7450 for next leg higher
** 3rd resistance: 0.7538 50-DMA
** 2nd resistance: 0.7462 May 1 low
** 1st resistance: 0.7446 May 15 high
** Spot: 0.7432
** 1st support: 0.7385 May 15 low
** 2nd support: 0.7369 May 12 low
** 3rd support: 0.7336 May 11 low

* NZD/USD -- Testing trendline resistance off February high
** 3rd resistance: 0.6969 May 3 high
** 2nd resistance: 0.6963 50-DMA
** 1st resistance: 0.6951 May 10 high
** Spot: 0.6942
** 1st support: 0.6801 June 3 low
** 2nd support: 0.6780 June 2 low
** 3rd support: 0.6676 May 30 low

Source: Bloomberg Pro Terminal

Jr Trader Ivan Ivanov

Varchev Traders

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Major supports and resistances on the USD cross currencies today on 05/18/2017

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