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Forex pairs in this Article » EUR/USD (Barcelona) - The USD index is currently easing from double fresh weekly highs around the 83.60 level in the spot DXY index, last nearing the 83.50 mark, on the back of broad strength of all other majors and commodities.

EUR/USD has pull backed almost completely to previous session highs at 1.2981, while USD/JPY retraces to fresh session lows at 100.50, and AUD/USD jumps to session highs at 0.9189. Oil breaking above the $100 mark posting fresh 9-month highs at $101.50, along with local share markets weakness, and the PBoC announcing will sell 91-day bills, have all added against the USD.

Immediate support to the downside for USD index lies at yesterday's highs 83.50, followed by April 04 highs at 83.49, while closest resistance to the upside shows at recent session highs 83.60, followed by July 11 2012/May 31 highs at 83.83.
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