EURJPY Forecast

The EURJPY was indecisive yesterday. There are no changes in my technical outlook. The bias remains bearish in nearest term especially if price able to make another clear break below 102.20 testing 101.00 – 101.50 support area. Immediate resistance remains around 102.75. A clear break above that area could lead price to neutral zone in nearest term testing 103.50 but as long as stays below 104.44 my overall intraday bias remains to the downside and I still prefer to sell on rallies.

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GBPJPY  Forecast

The GBPJPY had another indecisive movement yesterday. There are no changes in my technical outlook. The bias remains neutral in nearest term and price is still consolidating inside the triangle formation in medium term. Potential daily range remains between 127.80 – 129.37.

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AUDUSD Forecast

The AUDUSD was indecisive yesterday, but overall still able to maintain its bearish bias and hit 0.9911 earlier today. The bias remains bearish in nearest term especially if price able to make another clear break below 0.9910 testing 0.9790 area. Immediate resistance is seen around 0.9947 (current high). A clear break above that area could lead price to neutral zone in nearest term testing 1.0020/43 but overall I remain bearish and still prefer to sell on rallies.

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