USD/JPY: Ready for another attempt at 110.20

EUR/USD Current level - 1.1355

The recent slide to 1.1230 was corrective, preceding an advance towards 1.1400 area. On the senior frames, the whole rise after 1.1230 is corrective, so expect a reversal around 1.1400 to trigger a sell-off towards 1.1214 low.

Forex Technical Analysis on EUR/USD

resistance
intraday intraweek
1.1350 1.1630
1.1400 1.1820
support
intraday intraweek
1.1320 1.1214
1.1275 1.1100

 

 

USD/JPY Current level - 110.71

My outlook is counter-trend, for a reversal and another attempt at 110.20 support. 

Forex Technical Analysis on USD/JPY

resistance
intraday intraweek
110.80 111.45
111.45 114.50
support
intraday intraweek
110.20 106.70
109.10 104.60

 

 

GBP/USD Current level - 1.3067

The bias remains positive above 1.3000 area, for a rise towards 1.3212 resistance

Forex Technical Analysis on GBP/USD

resistance
intraday intraweek
1.3150 1.3210
1.3210 1.3290
support
intraday intraweek
1.3000 1.2800
1.2845 1.2610

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