Majors Daily Forecast 3 July 2013

EUR/USD

Trading range: 1.2985 – 1.2885

Trend: Downward

Sell at 1.2975 SL 1.3007 TP 1.2898

USD/JPY

Trading range: 100.50 – 101.45

Trend: Upward

Buy at 100.60 SL 100.28 TP 101.32

GBP/USD

Trading range: 1.5170 – 1.5060

Trend: Downward

Sell at 1.5159 SL 1.5191 TP 1.5071

USD/CHF

Trading range: 0.9485 – 0.9595

Trend: Upward

Buy at 0.9499 SL 0.9467 TP 0.9583

The current support/resistance levels are:

EUR/USD 1.2898, 1.2869, 1.2821 – 1.3052, 1.3081, 1.3129

USD/JPY 99.885, 99.610, 99.165 – 101.32, 101.59, 102.04

GBP/USD 1.5071, 1.5037, 1.4983 – 1.5247, 1.5281, 1.5335

USD/CHF 0.9415, 0.9383, 0.9331 – 0.9583, 0.9615, 0.9667