EUR/USD has fallen off a cliff. The short-term trend remains negative as long as prices remain below hourly resistance at 1.1993 (14/05/2018 high). Hourly support is given at 1.1510 (29/05/2018 low). • In the longer term, the momentum is turning largely negative. We favor a continued bearish bias. Key resistance is holding at 1.2886 (15/10/2014 high) while strong support lies at 1.0341 (03/01/2017 low). • GBP/USD has fallen sharply approaching support at 1.3262. Key support and resistance are given at 1.3062 (13/11/2017 low) and 1.3613 (03/01/2018 low). The technical structure suggests short-term upward moves. • The ... (full story)