EURJPY Forecast

The EURJPY had a significant bearish momentum last week, broke below the trend line support as you can see on my daily chart below. The bias is bearish in nearest term testing 105.60. Immediate resistance is seen around 107.00. A clear break above that area could lead price to neutral zone in nearest term testing 107.80.

GBPJPY  Forecast

The GBPJPY had a significant bearish momentum last week, broke below 130.00 support area. This fact postpone the bullish scenario and turn my short term technical bias to a bearish view testing 128.00/20 region. Immediate resistance is seen around 130.00. A clear break back above that area could lead price to neutral zone in nearest term testing 131.00 area.

AUDUSD Forecast

The AUDUSD continued its bearish momentum last week. There are no changes in my technical outlook. The bias remains bearish in nearest term testing 1.0200. Immediate resistance is seen around 1.0320/50. A clear break above that area could lead price to neutral zone in nearest term testing 1.0400 but overall I still prefer to short on rallies at this phase.

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