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Major Currency Pairs: EUR/USD USD/JPY GBP/USD : November 20, 2014

Published 11/20/2014, 06:29 AM
Updated 03/09/2019, 08:30 AM

EUR/USD

Current level - 1.2519

EURUSD

Yesterday's precise test at 1.2600 sets the end of the consolidation phase above 1.2357 and the outlook here is negative, for a break through 1.2440 crucial low, en route to 1.2240. Crucial on the upside is 1.2575.

Resistance & Support

USD/JPY

Current level - 118.35

USJDPY

The uptrend has reached a new local high at 118.96 and current pullback should be considered corrective, thus preceding an advance towards 120.00 sentiment area. Initial minor intraday support lies at 118.20, followed by 117.78.

Resistance & Support

GBP/USD

Current level - 1.5662

GBPUSD

Yesterday's spike to 1.5720 could be the final leg of the consolidation pattern above 1.5590, s a clear break through the mentioned low will expose 1.5430 target area. Key resistance on the upside remains projected at 1.5790.

Resistance & Support

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