Currency Update
Dollar trading stronger against all majors, EUR/USD struggled to hold above the 1.3200, NZD/USD is now struggling to stay above 0.7000 level. Currently Cables is trading below 1.9600. USD/CHF is heading towards the critical resistence of 1.2200 level.
EUR/GBP - strong support lies at 0.6710, EUR/AUD is trading in very tight range between 1.6820 and 1.6770, EUR/CHF strong resistence is at 1.6035 and the strong support at 1.6000 level. EUR/JPY is resisting at 156.40 for some time now and 155.60 is the very strong support.
Kiwi dollar is heavily trading higher against Aussie dollar and currently trading at 1.1210 and Kiwi i also trading stronger against Yen above 83 level.
EUR/GBP - strong support lies at 0.6710, EUR/AUD is trading in very tight range between 1.6820 and 1.6770, EUR/CHF strong resistence is at 1.6035 and the strong support at 1.6000 level. EUR/JPY is resisting at 156.40 for some time now and 155.60 is the very strong support.
Kiwi dollar is heavily trading higher against Aussie dollar and currently trading at 1.1210 and Kiwi i also trading stronger against Yen above 83 level.
posted by Naveen Pantera at 8:56 PM
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