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Fx Technical View : EURUSD, GBPUSD, USDJPY and GBPJPY

EURUSD SURGES LOWER.
GBPUSD PUSHING HIGHER.
USDJPY FOLLOWING THE UPSIDE TREND LINE.
GBPJPY TESTING UPSIDE TREND LINE.

EURUSD SURGES LOWER.
EURUSD is now holding below 1.1100 level. The bullish momentum has faded somewhat, break above 1.1215 would be a bullish development as price has already been making higher low. Key support sits at 1.0820 – bias bullish til 1.0820 level breaks down.

GBPUSD PUSHING HIGHER.
GBPUSD has broken out of a consolidation pattern to the upside but price still remains below the key 1.5680 resistance level – break above here would technically be very bullish. #now showing a big dark cloud cover / possible bearish engulfing candle.

USDJPY FOLLOWING THE UPSIDE TREND LINE.
USDJPY continues to recover after its recent sell-off( large bearish engulfing candle from Wed. of last week.). The pair is oriented upward, the road is still wide open towards the stronger resistance at 125.86

GBPJPY TESTING UPSIDE TREND LINE.
GBPJPY continues to improve after test of the short-term rising channel. Key resistance at 195.88 (year-high), support can be found at 191.98 (uptrend channel).

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