EURJPY Forecast

The EURJPY was indecisive yesterday, made a Doji on daily chart. The bias is neutral in nearest term but overall I remain bearish especially if price able to make a clear break and daily close below 99.23 testing 98.00 – 97.00 support area. On the upside, a clear break and daily close above 100.25 would interrupt the current strong bearish outlook but as long as stays below 102.00 I still prefer to sell on rallies.

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GBPJPY Forecast

The GBPJPY was indecisive yesterday. The bias is neutral in nearest term but overall I remain bearish and still prefer to sell on rallies as a part of the bearish scenario after broke below the triangle. Immediate resistance remains around 125.10. A clear break above that area could trigger further upside pullback testing 125.80 but as long as stays below 127.00 I still prefer to sell on rallies.

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AUDUSD Forecast

The AUDUSD was indecisive yesterday. Price attempted to push higher, slipped above 0.9800 but closed lower at 0.9763 and hit 0.9725 earlier today. The bias is neutral in nearest term but as long as stays below 0.9910 my overall intraday bias remains to the downside with nearest bearish target seen around 0.9662.

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