USDX (USD Index)

U.S dollar index made a last-minute jump before the monthly close. The index closed near 92.00 and caused the no-breakout situation. The index currently moves bearishly but no lower low printed yet. Traders might want to be careful if there is no lower low printed on the chart. It is possible the index could move higher and return inside the yellow box area again.

EUR/USD

EUR/USD tested the 1.2000 resistance level yesterday. The pair made a bearish reaction and closed the day on the bearish side. There is no bearish continuation after the rejection. At the current time, the pair is building bullish pressure to retest the 1.2000 resistance level again.

today critical levels to watch:

Support: 1.1820, 1.1710, 1.1580

Resistance: 1.2000, 1.2200

GBP/USD

GBP/USD maintains the level near 1.3300 – 1.3330 as Brexit decision loom. The pair made a bullish attempt today but it lost the bullish momentum and currently back near its opening level. In the long-term, we think the pair still has a chance to continue its bullish movement toward 1.3450 and 1.3500.

Today Critical level to watch:

Support: 1.3330, 1.3300, 1.3250

Resistance: 1.3450, 1.3500

USD/JPY

USD/JPY might be under bearish pressure but the pair has not made another bearish close below 104.00 again. Yesterday, the pair made a bullish close and there is a bullish attempt today. Will the pair continue upward, close above 105.00, and reverse the current bearish trend?

Today critical levels to watch:

Support: 104.00, 101.50, 101.19

Resistance: 105.00, 106.00, 106.70

AUD/USD

AUD/USD printed a bearish engulfing pattern and suggest a bearish correction might happen. No confirmation yet below the pattern. If the pair could start moving higher and avoid the bearish breakout then AUD/USD expected to continue toward 0.7450 and 0.7500.

Today critical levels to watch:

Support: 0.7330, 0.7300, 0.7160

Resistance: 0.7450, 0.7500