Disappointing employment figures and the beginning of the EU conference has placed pressure on the majors against the dollar.  Here is a rundown of the pairs I'm watching.



Germain employment figures pushed the pair lower in European trading.   The last level of support before a move to monthly lows is at 1.2405...

Sup  1.2405

Res  1.2585


Testing trend line support at 1.5525.  If this level breaks we could see a move back down towards 1.5525.

Sup    1.5525          1.5400

Res    1.5650


Moving towards the 50 fib at 1.0027 and daily price support at parity.  Could bounce around this level.

Sup   1.0027/00

Res  1.0090



The cross is testing daily support at .7880 after breaking below channel support.  If this level break we could see a move down to the weekly lows at .7850

Sup  .7880          .7850

Res  .7950