EURUSD Euro/dollar remains under pressure
Euro/dollar yesterday was under pressure, but support in the area of 1.1062 has successfully held back the onslaught of the bears. In turn, the growth efforts have been limited by the resistance in the area of 1.1125. At the moment the bears are trying to break through the support, which, in case of successful, will lead to a reduction of the pair in the area of 1.1000.
GBPUSD Pound/dollar declines
Attempt of growth of the British pound against the US dollar has been used for its sales on the level of 1.5688. Once its got under pressure, the pair has broken through and tested support at 1.5605, which led to a reduction to the level of 1.5575. Next, the bears may test support at 1.5545. It should be noted that today will be published data on consumer inflation in the UK, which can have an impact on the dynamics of the pair.
USDCHF Dollar/franc can rise above 0.9800
For the last day the situation in the pair of dollar/franc has not changed. Having entered the consolidation phase, it continued to trade in the formed range between the levels of 0.9798 and 0.9741. In the short term, is possible break through of the 98th figure with subsequent growth in the direction of the 99th figure.
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USDJPY Dollar/yen in a tight range
For the last day, nothing new has happened in pair with the Japanese yen, which is consolidating, trading in a tight range, limited by support in the area of 124.22 and of resistance in the 124.57. Bulls can still test the strength of the 25th figure, a confident break through which will mean a continuation of the uptrend. The loss of support in the area of 123rd figure will call into question the ability of the dollar to continue to grow.
