Trial now
AUDUSD TECHS

Bullish Focus

EURJPY TECHS

Corrective Cycle

BTPS
BTPS: TECHS: (H0) Looking Lower
*RES 4: 150.00 Psychological round number
*RES 3: 149.72 3.618 projection of Jan 2 - Jan 10 rally from Jan 22 low
*RES 2: 149.00 Round number resistance
*RES 1: 148.97 High Feb 13 and near-term bull trigger
*PRICE: 147.60 @ Close Feb 19
*SUP 1: 147.11 Low Feb 6 and key support
*SUP 2: 146.56 Low Jan 28
*SUP 3: 145.55 Low Jan 27 and gap low on daily chart
*SUP 4: 144.71 High Jan 24 and gap high on daily chart
Markets printed lower lows Wednesday, narrowing the gap on key support at
147.11. If this momentum is maintained, bears will be eyeing 146.56 and 145.55
for medium-term direction. The drop lower runs counter to some of the more
bullish technical signals that have emerged, which need to press markets above
148.53 initially before the picture improves.