By: Investija
EURUSD Technical Analysis
Negative trend remains strongly active. However, according to recent bulls attempt, they showed first signs of recovery. At the moment waiting action is better option in order to confirm bulls strength. If a trend line is broken, bulls have a chance to slide above 1.4048 price level.
USDJPY Technical Analysis
USDJPY is in consolidation near resistance level at 90.83, at the moment we can expect a strong fight with bulls vs bears. Above resistance barrier, look for buying options, however - confirmation of resistance breakout is needed in order to take long positions, otherwise a rebound back to support at 89.69 is possible.
NZDUSD Technical Analysis
NZDUSD is locked between support level at 0.6994 and resistance level at 0.7127, while these barriers hold - further bouncing is expected. Below support barrier, bearish situation will get stronger according to the current negative trend. But for now candles need to draw clearer picture.
EURUSD Negative Trend Remains
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