The euro was neutral during the Asian and European sessions on Tuesday. The single European currency sharply fell during the North American hours. The resistance is seen at 1.1270, the support stands at 1.1200. We will consider buying the pair if the price fixates above 1.1270. Should the EUR/USD break the support 1.1200 down and the price will advance towards 1.1130.
The pound was in negative mood on Tuesday. Sellers led the price from the mark 1.3340 towards the support 1.3200. The current resistance is seen at 1.3360, the support exists at 1.3200. We remain bearish on the outlook for the currency. Any rebound above 1.3200 should be considered corrective. We expect a breakout of the current support and the continuation of the decline towards 1.3100.
The USD/JPY closed the day in green figures. The pair strengthened from the level 101.40 to 102.50 where the price found a descent resistance. The resistance is at 102.50, the support comes in at 101.40. If the price does make breakout of the level 102.50 the instrument will advance towards 103.50. A move below 101.40 will trigger a downtrend.
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