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Major Currency Pairs: EUR/USD USD/JPY GBP/USD : November 21, 2014

Published 11/21/2014, 05:46 AM
Updated 03/09/2019, 08:30 AM

EUR/USD

Current level - 1.2480


The intraday bias here is negative, for a break through 1.2440 crucial level, en route to 1.2357 low and 1.2240 later on. Initial intraday resistance comes at 1.2503.

Resistance

intraday intraweek 1.2503 1.2630 1.2575 1.2720 Support intraday intraweek 1.2440 1.2240 1.2357 1.2040

USD/JPY

Current level - 117.87

Current pullback after 118.96 high should be considered corrective, preceding and advance towards 120.00 sentiment area. Trigger on the upside is 108.30 and major support is seen at 107.04.

Resistance

intraday intraweek 118.30 120.00 118.96 124.16 Support intraday intraweek 117.33 117.00 117.04 115.40

GBP/USD

Current level - 1.5654

The intraday bias here is already negative after yesterday's high at 1.5736 and I expect a break through 1.5590 to unleash a slide towards 1.5430 target zone.

Resistance

intraday intraweek 1.5736 1.5790 1.5790 1.6020 Support intraday intraweek 1.5590 1.5430 1.5430 1.5240

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