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Forex Technical Cross Pairs Analysis
EUR/JPY continues to extend the bullish movement and print a new higher high. The pair might attempt to retest the previous swing high and continue the long-term bullish trend. No change to the situation, traders will wait for a bearish correction to occur and enter long positions near support levels. As long as the pair continue printing new higher highs and higher lows, traders will assume the bullish trend will continue. Today’s critical levels to watch: Support: 163.00, 162.00, 160.00. Resistance: 165.81, 167.14. EUR/GBP: chart EUR/GBP stick near the bottom of the range and continue testing it. No breakout ... (full story)