Good day Traders,
let’s quickly hit the charts…
1. EUR/USD
EUR/USD is currently at the verge of breaking out of a key support area (1.11855) after price was rejected at level 1.12095.
If the 2 am candlestick closes below the support line, we have a higher probability that EUR/USD will remain bearish for the rest of the day.
1.11339 may be our next possible support level.
2. GBP/JPY
We have been tracking the GBP/JPY pair since last week. If you missed on the analysis, you could check here
Price was rejected yesterday at resistance level (139.607). This could be a sign that the bears are getting ready for another move, which may take price to the next possible support level (135.918)
Wishing you all a pip-full day ahead.
