By TraderVox.com
Euro recovered against the US dollar during the US session as it has come above and trading stteadily above 1.3100 levels. The pair is currently trading around 1.3130, up about 0.12% for the day. The high so far is 1.3134 formed during the late European session. The support may be seen at 1.3100 and below at 1.3080 levels. The resistance may be seen at 1.3160 and above 1.3220.
The Sterling pound is losing against the US dollar as a fresh low of 1.5600 was formed. The pair is trading near the low at 1.5610, down about 0.38% for the day. The support may be seen at 1.5600 and below at 1.5560. The resistance may be seen at 1.5660 and above at 1.5710 levels.
With US dollar losing the momentum of the last few days, USD/CHF has lost the 0.9200 handle and is now trading around 0.9182. The resistance may be seen at 0.9200 and above at 0.9250. The support may be seen at 0.9150 and below at 0.9125 levels.
The USD/JPY is trading in a consilodation phase during the US session as it is trading in a narrow range of 82.28 and 82.10. The pair is currently trading around 82.20, down about 0.37% for the day. The resistance may be seen at 82.65 and 83 levels while the support may be seen at the current levels and below at 81.90 levels.
The Australian dollar continued its slide in the US session and it lost the handle the important level 1.0500. The pair is trading around 1.0495, down more than 0.60% for the day. The support may be seen at 1.0450 and below at 1.0400. The resistance may be seen at 1.0500 and 1.0560 levels.
The US dollar index is trading near the low at 80.34.
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