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Major Currency Pairs: EUR/USD USD/JPY GBP/USD : October 28, 2013

Published 10/28/2013, 06:45 AM
Updated 03/09/2019, 08:30 AM
EUR/USD

Current level - 1.3806
EUR/USD
The outlook here remains bullish, for a break through 1.3832 high, towards 1.3920, en route to 1.4000 sentiment area. Crucial on the downside is 1.3740.
Resistance & Support
USD/JPY

Current level - 97.57
USDJPY
Minor reversal at 96.92 signals a corrective rebound for a test of the dynamic resistance at 97.85, where the bearish bias should prevail, initiating a slide for 96.56, en route to 95.75 support zone. Intraday support can be spotted at 97.42.
Resistance & Support
GBP/USD

Current level - 1.6192
Resistance & Support
Friday's intraday downswing to 1.6150 is probably the final of the consolidation pattern below 1.6260, so my outlook is bullish, for a break through the mentioned resistance, en route to 1.6380. Key support on the downside lies at 1.6110.
Resistance & Support

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