The euro got under pressure on Monday. The price spent the day below 50, 100 and 200 EMAs. The EUR/USD approached the support at 1.1130 by the end of the trades.
If the pair breaks the current support the downward movement will continue towards 1.1070. Shall the price grow above 1.1200 and buyers will lead the price to 1.1270.
The pound grew on the back of the strong statistics on Monday. The sterling rallied and tested the resistance 1.3360 where it bounced downwards and erased some of its gains. Nevertheless, the pair closed the day in green figures.
The level 1.3360 is its immediate resistance. Should the GBP/USD break the level and the price will extend its growth to 1.3400. The instrument also can fall to 1.3200 where it may turn around and return to the growth again. Controversially, the pound will decrease to 1.3100.
The USD/JPY traded close to the recent highs on Monday. The pair lost some of its gains due to the weak dollar. The level 103.50 is its current resistance, the level 102.50 is its support.
If the price breaks the resistance the way towards the mark 104.00 will be opened. Alternatively, the instrument will decrease to 102.50.
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