Daily Trader Outlook

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EUR/USD – Current 1.3315

4 hour View – Major resistance at 1.3410 area. A break heads back to 1.3500. 4 hour trend has been up but seeing some downside pressure.

Resistance – 1.3360 / 1.3385 / 1.3410 / 1.3470 / 1.3500

Support – 1.3341 / 1.3322 / 1.3303 / 1.3282 / 1.3264

Intraday Opportunities – Next leg lower begins with a break of 1.3300. Above 1.3350 could challenge 1.3385 and 1.3400

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GBP/USD – Current 1.5480

4 hour View – Bears took over after market open on Sunday however