EUR/USD: Key resistance at 1.1250
Pivot (invalidation): 1.1250
Short positions below 1.1250 with targets at 1.1220 & 1.1200 in extension.
Above 1.1250 look for further upside with 1.1265 & 1.1275 as targets.
As Long as the resistance at 1.1250 is not surpassed, the risk of the break below 1.1220 remains high.
GBP/USD: The upside prevails
Pivot (invalidation): 1.2355
Long positions above 1.2355 with targets at 1.2405 & 1.2435 in extension.
Below 1.2355 look for further downside with 1.2325 & 1.2285 as targets.
Technically the RSI is above its neutrality area at 50.
USD/JPY: Turning down
Pivot (invalidation): 107.95
Short positions below 107.95 with targets at 107.50 & 107.30 in extension.
Above 107.95 look for further upside with 108.15 & 108.40 as targets.
The RSI lacks upward momentum.
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