FXstreet.com (Barcelona) - In the next hours, a bunch of macroeconomic data coming from Japan will be released, most of them with negative perspectives. Due to the bullish momentum the pairs involving Jpy are into, yet the over bough conditions they present, these are the levels to watch:
USD/JPY: Above today's high at 98.70, consider resistances at 99.20, tough congestion zone in 4 hours charts, followed by the 99.50/60 zone, and the psychological level of 100.00 Supports will be at 98.00, 97.64 and 97.19.
GBP/USD: Quoting around 140.80 the pair has formed a double roof at the tough zone of 141.70. In between lays the 141.20 zone. Clear break above 141.80, could send the pair to 142.65 and 143.80 zone. Supports from actual level will be at 140.15, 139.66 and 139.10.
EUR/JPY: The pair needs to break above 126.06 to continue rising being next resistances at 126.40 zone, 127.18 and then 128.00. Under 125.00 we have, 124.45 124.04 and finally 123.72.