USDJPY: Pullback below 111.00 before upmove towards 112.80
|EUR/USD Current level - 1.1912
Yesterday's dip to 1.1830 failed and there is risk of intraday bounce to 1.2000 interim resistance, but a clear break through 1.1830 support area will signal a major reversal and will challenge 1.1660 and 1.1490 later on.
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USD/JPY Current level - 110.56
The resistance at 111.00 provoked a corrective pullback and there is a chance of one more leg downwards, to 109.20, before advancing higher, towards 112.80. On the senior frames the recent reversal at 107.30 points to 114.50 highs.
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GBP/USD Current level - 1.3410
Yesterday's precise test of 1.3157 support failed and the rebound which followed is still active, heading for 1.3440, en route to 1.3530. Key support lies at 1.3340.
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