Home Forex Technical Analysis Forex Technical Analysis: EUR/USD, USD/JPY, GBP/USD – Action Forex

Forex Technical Analysis: EUR/USD, USD/JPY, GBP/USD – Action Forex

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EUR/USD

Current level – 1.1404

The hurdle at 1.1420 is expected to limit the upside, for another wave downwards, to 1.1260. Initial minor support lies at 1.1380.

Resistance Support
intraday intraweek intraday intraweek
1.1420 1.1500 1.1380 1.1214
1.1500 1.1630 1.1310 1.1100

USD/JPY

Current level – 107.87

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The intraday bias is slightly bearish after 108.45 peak, for a slide towards 106.70. Key resistance  remains projected at 108.70.

Resistance Support
intraday intraweek intraday intraweek
108.70 111.45 106.70 106.70
110.20 112.20 104.60 104.60

GBP/USD

Current level – 1.2650

Intraday allow a brief test of 1.2710 resistance, before reversal and drowning towards 1.2540 area. Initial minor support lies at 1.2615.

Resistance Support
intraday intraweek intraday intraweek
1.2710 1.2885 1.2615 1.2420
1.2820 1.3250 1.2540 1.2340

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