EUR/USD Current price: 1.2760
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Closing out the end-of-the-week session above 1.2734 38.2% fib support, EURUSD looks ripe for an extension higher to initial resistance at 1.2968. An upside violation of the barrier would open scope for an advance on the psychological 1.3000.
Support levels: 1.2602 1.2646 1.2695
Resistance levels: 1.2788 1.2832 1.2881
GBP/USD Current price: 1.5920
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Finding support via the 1.5850 50% fib support level, GBPUSD bounced higher – gaining for the second straight session. Attention is now being focused on the 1.5958 38.2% fib resistance figure. Any downside potential should be limited to the 1.5804 April 5th session low.
Support levels: 1.5781 1.5808 1.5846
Resistance levels: 1.5911 1.5938 1.5976
USD/JPY Current price: 81.17
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A doji candlestick formation has emerged ahead of 81.75 resistance in USDJPY. The formation is lending a bearish bias on the currency, likely prompting a temporary correction to 80.50 support. However, a break above the 81.75 barrier would open the door for a march higher to 83.
Support levels: 80.47 80.68 81.01
Resistance levels: 81.55 81.76 82.09
AUD/USD: Current price: 1.0360
View Live Chart for the AUD/USD (select the currency)
A doji candlestick has emerged ahead of 1.0325 support, lending a bullish bias on the currency pair. A bounce here would place resistance at 1.0440 in play. Any additional declines will be met with support at 1.0258.
Support levels: 1.0237 1.0263 1.0301
Resistance levels: 1.0365 1.0391 1.0429
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