EUR/USD: 1.2540 hurdle should provoke a pullback towards 1.2390
|EUR/USD Current level - 1.2490
The sharp reversal at 1.2270 led to a break through 1.2390 peak and currently the pair is heading for a test of 1.2540 peak. Initial pullback is expected, to 1.2390 area.
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USD/JPY Current level - 106.44
The bias remains bearish, for a slide to 105.90-40 area. Crucial on the upside is 107.50.
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GBP/USD Current level - 1.4055
The break through 1.3920 points to another test of 1.4090 hurdle and an eventual break through the later will challenge 1.4280. Initial intraday support lies at 1.3920.
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