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Forex Technical Cross Pairs Analysis | November 25, 2022

From fxdailyreport.com

EUR/JPY: {chart} EUR/JPY is trading inside the triangle area and soon will break out from it. Will the pair continue lower to test the 140.50 support level? Alternatively, will it resume the bullish movement to target the 148.50 – 151.50 resistance area? Traders will continue to monitor the situation and stick with long positions for now. Today’s critical levels to watch: Support: 145.00, 140.50, 137.40 Resistance: 148.50, 151.50 EUR/GBP: {chart} EUR/GBP pushed lower and is currently supported by the 0.8580 – 0.8600 support area. If the pair closes below the area then the bearish trend will continue. On the other ... (full story)

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  • Category: Technical Analysis