A break and close above 96.70 in U.S dollar index is a bullish confirmation for further upward movement to target 97.50. Today, there is bullish pressure but still limited below previous day high. Without any change in the direction, we could expect the index to hit 97.50 by the end of the week. For full outlook for this week, you can follow Forex Outlook For The Week 4-8 March 2019 EUR/USD fell for third days and closed near 1.1300 support level. Initially, the pair fell below 1.1300 but the bull returns to the market and brought the pair back above 1.1300. There is no breakout yet and EUR/USD might continue its movement between 1.1300 – 1.1360. Today critical levels to watch: Support: 1.1300, 1.1200 Resistance: 1.1360, 1.1400 GBP/USD dropped in the previous trading day but manage to bounce from 1.3125 support level and close the day at its opening level. Despite the bullish pattern, the pair currently back under pressure and testing 1.3125 support again. If the level broken then GBP/USD will continue its bearish movement to test daily SMA 200. Today Critical level to watch: Support: 1.3125, 1.3000, 1.2800, 1.2625 Resistance: 1.3250, 1.3300, 1.3330 USD/JPY stick near 112.00 resistance and showing no clue for next direction yet.  The pair expected to continue its ranging movement between daily SMA 200 and 112.00. At the current time, traders might want to stay sideline. Today critical levels to watch: Support: 111.00, 110.50, 110.00 Resistance: 112.00 After three days without close below the blue trendline, AUD/USD finally make a breakout today. The pair fall sharply and testing the bottom of the red channel. If the pair closed below the blue trendline by the end of the day then AUD/USD has confirmed bearish breakout and could continue lower. Today critical levels to watch: Support: 0.7000 Resistance: 0.7080, 0.7160, 0.7200

SOURCE : https://tradertalks-net.translate.goog/s/19997?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=auto&_x_tr_pto=wapp