EURJPY Forecast

The EURJPY continued its bearish momentum yesterday, bottomed at 100.54 and hit 100.21 earlier today. The bias remains bearish in nearest term testing 99.23. Immediate resistance is seen around 101.00. A clear break below that area could lead price to neutral zone in nearest term but any upside pullback now is normal and as long as stays below 102.00 my overall intraday bias remains strongly to the downside.

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GBPJPY  Forecast

The GBPJPY had a significant bearish momentum yesterday, broke below the triangle and hit 124.62 earlier today. The bearish reversal scenario is now confirmed, testing 123.25 in nearest term. Immediate resistance is seen around 125.50. A clear break above that area could lead price to neutral zone in nearest term but as long as stays below 127.00 I still prefer a bearish scenario at this phase.

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AUDUSD Forecast

The AUDUSD was indecisive yesterday, but had a strong bearish momentum earlier today hit 0.9794. There are no changes in my technical outlook. The bias remains bearish in nearest term testing 0.9662. Immediate resistance is seen around 0.9870. A clear break above that area could lead price to neutral zone in nearest term but as long as stays below 1.0000 my overall intraday bias remains strongly to the downside.

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