Technical Summary for Majors

EUR/USD Extends decline, after an upside attempt stalled at 1.3703 yesterday, to reach 1.3536 low thus far, just ahead of 1.3529, last Friday’s low, break of which will re-focus 1.3433 key support. However, the pair remains in a 1.3433/1.3735 range, with break of either side to establish the direction. Res: 1.3605, 1.3640, 1.3690, 1.3703 Sup: 1.3529, 1.3485, 1.3443, 1.3433 GBP/USD Yesterday’s rejection at 1.5194 has signaled the completion of the first corrective leg off 1.4780 low, with


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