A lot of important data ahead of us this week, including EU rate decision and US non farm figures.
The EUR/USD is still range trading, with support at 1.3460 and resistance at 1.3570. The overall trend is still upwards. Tomorrow’s news should trigger a breakout in either direction.
The GBP/USD reached our long term target at 1.6250, a very strong resistance area. We can expect some sideways trading and even a downward correction.
The USD/JPY still being supported above 97.60, with direction remaining unclear. A break below 97.60, can take the pair towards 96.95 followed by 96.20.
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