USD/JPY: Expect another slide, to 105.90
|EUR/USD Current level - 1.2360
The intraday bias is positive above 1.2330, with a risk of another leg upwards, to 1.2435 zone. The latter should cap the upside for a renewal of the general slide towards 1.2090.
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USD/JPY Current level - 107.44
Current rebound after 106.83 low is corrective in nature, thus preceding another leg downwards, to 105.90 zone. Key resistance is projected around 108.00-25.
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GBP/USD Current level - 1.3889
Intraday allow a brief bounce to 1.3990 area, before drowning towards 1.3760 low, en route to 1.3620 zone.
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