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Forex Technical Cross Pairs Analysis | March 01, 2024
EUR/JPY: chart EUR/JPY made a bearish pullback yesterday and almost reached the 38.2% retracement level. The pair show bullish reactions today and start moving upward. If the bullish movement could surpass yesterday’s high then the bearish movement is only a temporary movement before further upside. On the upside, a new higher swing high will confirm the continuation of the bullish trend. Today’s critical levels to watch: Support: 160.00, 155.00, 154.00, 151.50, 148.50 Resistance: 162.00, 163.00 EUR/GBP: chart EUR/GBP mostly sideways below the 0.8580 – 0.8600 area. The pair is looking to gather momentum to ... (full story)