Supports and resistances on the major currency pairs

* EUR/USD — Breaks free from 10 pip range seen in Asia
session and early European session
* 3rd resistance: 1.1229, June15 high
* 2nd resistance: 1.1204-14, 21-DMA, June 19 high
* 1st resistance: 1.1165, June 20 high
* Spot: 1.1130
* 1st support: 1.1119, June 20 low
* 2nd support: 1.1110, May 30 low
* 3rd support: 1.1076, May 18 low
* AUD/USD — Topside fatigue manifests with downtick in spot;
buying could kick-start at 200-DMA support at 0.7529
* 3rd resistance: 0.7651, 76.4% Fibonacci of March-May
slump
* 2nd resistance: 0.7636, June 14 high
* 1st resistance: 0.7586, Asia high
* Spot: 0.7557
* 1st support: 0.7539, ichimoku cloud top
* 2nd support: 0.7529-20, 200-DMA, June 9 low
* 3rd support: 0.7513, 21-DMA
* GBP/USD — May seek fresh base near 1.2555-50; bears beware,
RSI failed to confirm Tuesday’s new post-election low in
spot
* 3rd resistance: 1.2888-97, June 7 low, 76.4% Fibonacci
* 2nd resistance: 1.2846-53, June 2, 3 lows, 61.8%
Fibonacci
* 1st resistance: 1.2818, June 14 high
* Spot: 1.2613
* 1st support: 1.2579, 50% retracement of March-May rise
* 2nd support: 1.2555-50, 200-DMA, ichimoku cloud base
* 3rd support: 1.2516, April 18 low
* USD/JPY — Strong headwinds at 111.82-83 dampens upward
momentum; despite this, bulls remain in power
* 3rd resistance: 112.93, May 16 low
* 2nd resistance: 112.13-25, May 24 high, 61.8% Fibonacci
* 1st resistance: 111.82-83, cloud base, 100-DMA
* Spot: 111.12
* 1st support: 111.05, 55-DMA
* 2nd support: 110.82, 200-DMA,
* 3rd support: 110.65, June 16 low

Read more:

• NZD/JPY – Short with the main movement after a price action signal
• Jeffrey Gundlach: “USD’s next move is going to be down”
• Here’s a cable forecast for $1.40 till end of 2020
• NZD to 0.59 at end of Q1 2020
• Support for risky currencies as trade war hopes grow