The EUR/USD pair maintained its bearish tone. The main currency pair continued to advance south yesterday. The price briefly spiked upwards in the European session. The pair shortly pierced the level 1.1000 and returned below it. The price broke 1.0950 and headed towards the level 1.0900 in the North American session. The resistance is seen at 1.0950, the support stands at 1.0900.
If sellers retain control the price will test 1.0900 today.
The pound slightly moved from its fresh highs. The price remained in a range, the GBP/USD approached its lower boundary. After touching the level 1.2000 the quotes bounced off the level and slightly strengthened. The current resistance is seen at 1.2300, the support lies at 1.2200.
As the most probable scenario, we consider further moving downwards and return to the level at 1.2200. We believe bulls will try to retake the level one more time.
The USD/JPY closed bullish yesterday. The pair faced a buying pressure around the 103.00 support area and strengthened to the nearest resistance 104.00. The resistance is at 104.00, the support comes in at 103.00.
If the buying pressure persists the USD/JPY pair will break the level 104.00 and will extend its gains towards 104.62. If the level 104.00 rejects the price the currency pair will return to 103.00.
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