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MAJOR FX TECHNICAL LEVELS: MAJOR TECHS: Kiwi Still Skirting With Recent Triple Bottom

(Bloomberg) — Here are some key technical levels to watch out for in major currency pairs:

  • USD/JPY — Consolidating near- term
  • 3rd resistance: 114.49 July 11 high
  • 2nd resistance: 113.69 July 5 high
  • 1st resistance: 113.26 Sept. 27
  • Spot: 112.73
  • 1st support: 111.38 cloud top
  • 2nd support: 110.14 cloud base
  • 3rd support: 109.56 Sept. 15 low
  • AUD/USD — Eyeing test of 100-DMA support
  • 3rd resistance: 0.8036 Sept. 21 high
  • 2nd resistance: 0.7949 Sept. 26 high
  • 1st resistance: 0.7889 Sept. 27 high
  • Spot: 0.7827
  • 1st support: 0.7786 July 18 low
  • 2nd support: 0.7773 100-DMA
  • 3rd support: 0.7712 June 30 high
  • NZD/USD — 200-DMA support may hold short-term
  • 3rd resistance: 0.7433 Sept. 20 high
  • 2nd resistance: 0.7344 Sept. 22 high
  • 1st resistance: 0.7254 100-DMA
  • Spot: 0.7190
  • 1st support: 0.7167/68 lows since last Tuesday
  • 2nd support: 0.7154 200-DMA
  • 3rd support: 0.7131 Aug. 31 low
  • USD/SGD — May test toward 100-DMA
  • 3rd resistance: 1.3864 July 10 high
  • 2nd resistance: area around 1.3800 handle- covers cluster of lows May-July
  • 1st resistance: 1.3690 Aug. 16 high
  • Spot: 1.3616
  • 1st support: 1.3561 50-DMA
  • 2nd support: 1.3502 Sept. 26 low
  • 3rd support: 1.3411 Sept. 11 low
  • USD/MYR — May test 50-DMA
  • 3rd resistance: 4.2752 100-DMA
  • 2nd resistance: 4.2556 50-DMA
  • 1st resistance: 4.2505 June 15 low
  • Spot: 4.2343 as at Oct. 2
  • 1st support: 4.2090 Sept. 13 high
  • 2nd support: 4.1825 Sept. 8 low
  • 3rd support: 4.1733 50% retracement of April 2016 to January 2017 rally

— With assistance from David Finnerty To contact the reporter on this story: Michael G. Wilson in Sydney at mwilson176@bloomberg.net To contact the editors responsible for this story: Tan Hwee Ann at hatan@bloomberg.net Naoto Hosoda

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