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Major Currency Pairs: EUR/USD, USD/JPY, GBP/USD

Published 05/29/2013, 08:43 AM
Updated 03/09/2019, 08:30 AM
EUR/USD
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GBP/USD
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USD/JPY
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EUR/USD

Current level - 1.2857
<span class=EUR/USD" title="EUR/USD" width="513" height="349">
Yesterday's failure at 1.2950 resistance area initiated a downtrend and I favor a continuation of the slide, towards 1.2750, en route to 1.2650. Initial intraday resistance is projected at 1.2890 and crucial on the upside is 1.2950 high.
Resistance & Support
USD/JPY

Current level - 102.07
<span class=USD/JPY" title="USD/JPY" width="510" height="350">
The outlook here is negative below 132.50 resistance area and I expect a break through 101.25 minor support to set the focus on 100.00 sentiment zone.
Resistance & Support
GBP/USD

Current level - 1.5040
<span class=GBP/USD" title="GBP/USD" width="509" height="349">
The bias here is negative below 1.5070-80 intraday resistance area and my outlook is bearish, for a break through 1.5010, en route to 1.4920 and 1.4830 low.

Resistance & Support

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