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Forex Technical Cross Pairs Analysis | June 12, 2023
chart EUR/JPY slowly turn upward after the bounce from the 148.50 support level. The pair currently consolidating between the 148.50 – 151.50 area and traders will continue to monitor the pair’s reactions. We think the pair could continue the bullish trend and print a new higher swing high. Traders will use each bearish correction as a chance to enter long positions for now. However, if the pair form a new lower low then it is time to scale out of long positions. Today’s critical levels to watch: Support: 148.50, 145.00, 142.75, 140.50 Resistance: 151.50 EUR/GBP: chart EUR/GBP broke below the 0.8580 – ... (full story)