|R1||108.8||June 11 high||S1||108.6||*||June 19 high|
|R2||109.15||May 29 low||S2||107.75||July 5 low|
|R3||109.35||projection||S3||107.08||*||June 26 low|
|R4||109.62||*||May 31 high||S4||106.75||*||June 25 low|
Asterisk denotes strength of level
15:50 BST - USD is still in rally mode, pointed at the 109.62 and 109.92 targets, and then around 110.40 after that. After the slight slow down into narrower ranges this week, a drop below 108.65 would suggest a rollover into two-sided trade (more sideways) and more of a gradual advance. However, USD is strong otherwise. Immediate resistance is at 109.15 and 107.75 represents key support, at the one-month apex.