EUR/USD Current price: 1.3004

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a

Closing above 1.3036 resistance, EURUSD has opened the door towards an advance to 1.3137 resistance. A subsequent break above the barrier would ensure a test of 1.3200 in the near term. Any retracement should be held at bay by the 1.3000 round figure.

Support levels: 1.3060 1.3030 1.30

Resistance levels: 1.31 1.3135 1.3160

GBP/USD Current price: 1.6111

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d
GBPUSD has violated the 1.6123 resistance barrier, opening scope for an advance on the 1.6200 figure. Should price action break back through the figure, however, it would perpetuate a decline to initial support at 1.6100 in the short term.

Support levels: 1.6130 1.61 1.5970

Resistance levels: 1.6170 1.62 1.6230

USD/JPY Current price: 82.51

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D
Surging through the 83.00 psychological barrier, USDJPY is set for an advance on the 84.17 March 15th swing high. However, given the severity of the day’s gain, a likely test of support at 82.50 is likely prior to the move higher. A subsequent break through the 82.50 would negate the above, setting sights on the 81.50.
Support levels: 82.30 82.10 81.80 

Resistance levels: 83.80 84.00 84.15
Support levels: 83.30 83.00 82.40

AUD/USD: Current price: 1.0505

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s
AUDUSD remains suppressed by resistance at 1.0575 in the short term. The figure is being reinforced by the same persistent descending trendline. Expect any decline to target initial support at 1.0496.

Support levels: 1.0530 1.05 1.0480

Resistance levels: 1.06 1.0620 1.0650


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