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On Tuesday the pair met a resistance near a monthly pivot R1 1.13919 and moved down. AO indicator is in positive zone above level of balance and line of resistance/support. Attempt to reach yesterday’s level was stopped near area of defining movings 1.13545, where we can see a daily pivot. If we continue to move down, nearer target area will be an area of elder movings 1.13050-1.13270. Below we can see a range 1.12909-1.12530 with outlook to reach a monthly pivot 1.12395. Fixation above level 1.13919 will open a way to a weekly pivot R1 1.14522.
Daily levels of support: 1.13217, 1.12909, 1.12583, 1.12395
Daily levels of resistance: 1.13545, 1.13919, 1.14179, 1.14522
The pair continues to move within a range 1.54178-1.54854. AO indicator is in negative zone below level of balance and line of support/resistance, but near a zero level. If the price escapes from the range down, nearer target may be a weekly pivot 1.53813, below which it is area of elder movings 1.53471-1.53160 with outlook to reach a monthly pivot 1.52963. I question the movement above a range 1.54854-1.55326. In this case reference point will be a weekly R1 1.55623.
Daily levels of support: 1.54178, 1.53813, 1.53471, 1.52963
Daily levels of resistance: 1.54619, 1.54854, 1.55326, 1.55623
The pair continues to move up. At the moment we have a resistance near an area of a monthly pivot 119.943. Area of elder movings near a daily pivot 119.724 is a resistance. AO indicator is in positive zone above level of balance and line of support/resistance. If upward movement continues, the next zone of resistance will be an area 120.273-120.442. Movement above this zone is doubtful. Downward movement may be limited by a range 119.489-119.253.
Daily levels of support: 119.724, 119.489, 119.253
Daily levels of resistance: 119.943, 120.273, 120.442