Technical Analysis Update – US Session

By TraderVox.com

Tradervox.com (Dublin) – The rally on the hope of Greek deal during the European session peaked at 1.3273. It is currently trading at 1.3254, up about 0.80% for the day. The resistance may be seen at 1.3260 and above at 1.3310 levels. The support may be seen at 1.3200 and below at 1.3160 levels. ECB kept the interest rate unchanged 1% as expected. ECB president Draghi mentioned the improved sentiment during the press conference.

The sterling pound is trading around the 1.5800 levels. It is presently trading around 1.5806, up about 0.42% for the day. The resistance may be seen at 1.5900 and above at 1.5970 levels. The support may be seen at 1.5800 and below at 1.5760 levels.
The Australian dollar has given back some of the early gains of the day and the pair has come back near the 1.0600 levels. The pair is currently trading around 1.0623, up about 0.23% for the day. The high of the day so far is 1.0666. The resistance may be seen at 1.0650 and above 1.0700 while the support may be seen at 1.0600 and 1.0560 levels.
The USD/CHF has come below the 0.9100 levels and it is presently trading around 0.9080, down about 0.95% for the day. The pair has printed a fresh low of 0.9076 during the US session. The support may be seen at 0.9060 and below at 0.9010 levels. The resistance may be seen at 0.9110 and above at 0.9150.
The USD/JPY is trading around 81.52 up about 0.55% for the day. The resistance may be seen at 82 and above at 82.20. The support may be seen at 81.27 and below at 81.
The US dollar index is trading around 79.20.

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