AUD USD
The pair continues to trade positively above 0.734 and above the 50-day
moving average with positivity on the RSI, as long as trades remain above 0.734,
the pair will be eligible to target 0.74 levels, which we confirmed the
possibility of targeting during the last analysis.
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EUR JPY
The pair achieved the targets we expected during the last analysis and
is now heading towards targeting the distant levels around 125, with trading
remaining above 123.8 and the positive we see on the RSI and momentum
indicator, the pair's chance to reach 125 seems certain, but we may test some
corrective declines towards 124.0
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EUR USD
We also expected the pair managed to reach a high of 1.19, which is
retreating from it currently, in a corrective manner, but trading remains above
the 50-day moving average and the support area remains at 1.1880 without
breaking down, confirming the possibility of rising above the 1.19 top towards
the distant targets around 1.2.
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USD JPY
As we expected during the previous analysis, the pair managed to rise
from the low of 103.7 to reach a high of 104.76, and currently the pair is
benefiting from the stability of trading above the 50-day moving average with
trading remaining above 104.3 to re-target the peak of 104.7 again in an
attempt to rise towards 105
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