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Major Currency Pairs: EUR/USD USD/JPY GBP/USD : March 25, 2013

Published 03/25/2013, 07:44 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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JPY/GBP
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EUR/USD

Current level - 1.2996
<span class=EUR/USD" title="EUR/USD" width="512" height="349">
The upmove from 1.2887 is still intact with a crucial level at 1.2950 and I favor a break below the latter to unleash a slide towards 1.2843 low. Intraday resistance is projected at 1.3050, followed by the major hurdle at 1.3106.
Resistance & Support
USD/JPY

Current level - 94.66
<span class=USD/JPY" title="USD/JPY" width="511" height="352">
The rebound above 94.16 should be considered corrective in nature, thus preceding next wave downwards, to 93.65 dynamic support. Initial resistance on the upside is projected at 95.10.
Resistance & Support
GBP/USD

Current level - 1.5229
<span class=GBP/USD" title="GBP/USD" width="510" height="349">
The outlook here is still bullish, for a rise towards 1.5330 area with an initial support at 1.5210 and crucial level at 1.5025 low. Minor intraday resistance is projected at 1.5265.
Resistance & Support

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