USD/JPY: Watch out for 106.25 crucial low
|EUR/USD Current level - 1.2397
The break through 1.2360 resistance has neutralized the bearish outlook and the situation here is neutral. Initial support lies at 1.2360 and major hurdle is projected at 1.2460.
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USD/JPY Current level - 106.49
The reversal at 107.30 signals a bearish bias and a violation of 106.25 zone will challenge 105.20 and 104.30 later on.
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GBP/USD Current level - 1.3971
The break through 1.3930 led to a new peak at 1.4000 and a break through 1.3870 is needed in order to reinstate the bearish outlook for 1.3710.
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