Forex Technical Major Pairs analysis July 11, 2018
If the index could bounce and close inside the yellow box area, then we can confirm the bull will resume the uptrend. Today critical level to watch:Support: 1.3250, 1.3100, 1.3000Resistance: 1.3300, 1.3330USD/JPYAlthough the bull is putting much pressure on 111.00, no breakout higher seen yet in USD/JPY. It seems the bear has returned and short position from current level could reach the bottom of the green box. Note: There is the possibility of sudden bullish jump and close above green box which could cancel the bearish outlook. Today critical level to watch:Support: 0.7400, 0.7330, 0.7300Resistance: 0.7500, 0.7550, 0.7600
Forex Technical Major Pairs analysis July 10, 2018
according to Will the index bounce from the current level or continue lower toward 93.00? Today critical level to watch:Support: 1.1710, 1.1650, 1.1600Resistance: 1.1820GBP/USDGBP/USD is moving as expected at the top of its bearish channel. Will the pair continue higher or respect the channel and move inside it? Today critical level to watch:Support: 110.50, 110.00, 109.50Resistance: 111.00AUD/USDAUD/USD climbed above the green box area and closed above it Yesterday. However, traders might want to avoid placing a long position at the current level as it is a long position toward resistance.collected by :John Locas
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