EUR/USD: Towards 1.1705
Pivot (invalidation): 1.1795
Short positions below 1.1795 with targets at 1.1730 & 1.1705 in extension.
Above 1.1795 look for further upside with 1.1820 & 1.1840 as targets.
The RSI has broken down its 30 level.
GBP/USD: The downside prevails
Pivot (invalidation): 1.2950
Short positions below 1.2950 with targets at 1.2875 & 1.2840 in extension.
Above 1.2950 look for further upside with 1.2975 & 1.3005 as targets.
The RSI shows downside momentum.
USD/JPY: Continuation of the rebound
Pivot (invalidation): 104.80
Long positions above 104.80 with targets at 105.20 & 105.40 in extension.
Below 104.80 look for further downside with 104.60 & 104.40 as targets.
The RSI advocates for further upside.
This report has been prepared by AC Markets and is solely been published for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any currency or any other financial instrument. Views expressed in this report may be subject to change without prior notice and may differ or be contrary to opinions expressed by AC Markets personnel at any given time. ACM is under no obligation to update or keep current the information herein, the report should not be regarded by recipients as a substitute for the exercise of their own judgment.