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Daily Technical Analysis

21.05.2013

EUR/USD

May 21, 2013
Current level - 1.2876

The bias here is positive above 1.2840-50 support area and I favor a rise towards 1.2940 and 1.3020. Crucial on the downside is 1.2840 and initial minor resistance is projected at 1.2900.

resistance intraday intraweek 1.2900 1.3070 1.2940 1.3244

support intraday intraweek 1.2844 1.2750 1.2750 1.2650

USD/JPY

May 21, 2013
Current level - 102.73

My outlook here is negative, for a break through 102.45 minor support, en route to 101.80 crucial low. A clear break below the latter will signal a broad consolidation pattern for 101.24 and probably 100.00 sentiment area.

resistance intraday intraweek 103.30 103.60 103.60 104.20

support intraday intraweek 102.43 100.00 101.80 98.56

GBP/USD

May 21, 2013
Current level - 1.5171

The intraday bias is negative again and every rebound above 1.5160 is expected to be limited below 1.5220, before deeper drowning towards 1.5026 support area.

resistance intraday intraweek 1.5220 1.5420 1.5320 1.5610

support intraday intraweek 1.5150 1.5190 1.5026 1.4830

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