EUR/USD Will Struggle Under $1.315

 
 
 By TRADING Central 
 The Dow Jones Newswires technical analysis partner 
 

        LONDON (Dow Jones)--Rolling 24-hour chart levels:
        Intraday EUR/USD: The pair stands below its resistance and remains under pressure. Suggest SHORT positions below 1.1315 with targets @ 1.119 & 1.11 in extension. Above 1.1315 look for further upside with 1.1395 & 1.146 as targets.
        1 month trend: Bearish
        Intraday USD/JPY: The pair stands above its support and remains on the upside. Suggest LONG positions above 117.5 with targets @ 118.85 & 119.35 in extension. Below 117.5 look for further downside with 117.2 & 116.8 as targets.
        1 month trend: Bullish
        Intraday GBP/USD: The pair remains on the upside and is challenging its resistance. Suggest LONG positions above 1.5035 with targets @ 1.5115 & 1.521 in extension. Below 1.5035 look for further downside with 1.5 & 1.495 as targets.
        1 month trend: Range
        Intraday USD/CHF: The RSI is well directed. Suggest LONG positions above 0.884 with targets @ 0.905 & 0.9125 in extension. Below 0.884 look for further downside with 0.875 & 0.865 as targets.
        1 month trend: Bearish
        Intraday EUR/GBP: The RSI is bearish and calls for further downside. Suggest SHORT positions below 0.752 with targets @ 0.74 & 0.7325 in extension. Above 0.752 look for further upside with 0.761 & 0.765 as targets.
        1 month trend: Range
        Intraday EUR/JPY: The pair stands above its support and remains on the upside. Suggest LONG positions above 132 with targets @ 134.2 & 135.1 in extension. Below 132 look for further downside with 131.1 & 130.15 as targets.
        1 month trend: Bearish
        Intraday EUR/CHF: The pair remains on the upside. Suggest LONG positions above 1.003 with targets @ 1.0225 & 1.034 in extension. Below 1.003 look for further downside with 0.9915 & 0.9775 as targets.
        1 month trend: Range
        Intraday AUD/USD: The pair is posting a rebound but stands below its resistance. Suggest SHORT positions below 0.797 with targets @ 0.7865 & 0.782 in extension. Above 0.797 look for further upside with 0.805 & 0.811 as targets.
        1 month trend: Bearish
        * The pivot is the sum of the high, low and close divided by 3.
        For more technical analysis see: Dow Jones Newswires, N/DJTA; Telerate, pages 4209,1108,4210,1105,5041,4142; Bloomberg, NI DJTA; and Reuters key word searchINSI-DJN"
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        (END) Dow Jones Newswires

        January 27, 2015 02:39 ET (07:39 GMT)

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