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FX levels to watch – EUR/USD, GBP/USD, AUD/USD

FX levels to watch – EUR/USD, GBP/USD, AUD/USD
админ
22/02/2018

217a2aa45bed4058ab8fb008e01cc594 - FX levels to watch – EUR/USD, GBP/USD, AUD/USD

Source: Bloomberg

EUR/USD keeps getting sold

EUR/USD intraday rallies continue to be sold, as we have seen over the past 24 hours.

Thus it seems we will push to $1.22 and $1.2166. Further declines from here would put the $1.21 level in play, and then the rising trendline from the April low.

EUR/USD price chart

9ac72d12ab0036e515cee45a2e6d1eac - FX levels to watch – EUR/USD, GBP/USD, AUD/USD

GBP/USD finds support

The same pattern prevails here for GBP/USD, but the downward move is finding some buying so far this morning.

A move higher would target $1.40 and then $1.4150, with the January high at $.14345 the next big target. More substantial declines still target $1.3770 and then $1.3659.

GBP/USD price chart

67e01359a238048739de92373ad8e353 - FX levels to watch – EUR/USD, GBP/USD, AUD/USD

AUD/USD attempts to rally

The sharp losses of the past few days have given way to some small gains for AUD/USD around the $0.78 level.

A bounce from here would target the $0.7850 zone, and then on to $0.80, while further declines bring $0.7750 into play.

AUD/USD price chart

28def03e8b5ae14cb34f5d7734c42de5 - FX levels to watch – EUR/USD, GBP/USD, AUD/USD

Source

Related ItemsEURforexFXGBPlossespricetrigger

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news
22/02/2018
админ
Related ItemsEURforexFXGBPlossespricetrigger

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