Dollar index multple resistances overhead.
96.85 is kletner middle channel
97.2 is 100 DMA.
Unless the index captures both of them, the uptrend of last 12 month is in risk
EURGBP support is at 0.8950. If it holds, we could see extension to 0.9000.
If it breaks on closing, we could see swift selling to 0.8850.
Hardly does market leave such important levels easily.
USDCAD daily shows no sign of exhaustion..but there are tepid signs on hourly and 4hourly .
This hole at 1.3228 is the highs from 21 june and will be resistance for further falls.We could see 1.3230/50 in near term is the hourly chart recovery is confirmed above 1.3120.
QUANTO trade copier suggests that EURGBP is uptrending and is still going higher.
Only below 0.8895 should one consider to take the short side.
The pair above 8950 is now in a uptrend.
