Filed Under:
Forex pairs in this Article » USD/JPY
FXstreet.com (Lisbon) - UBS Strategists, Gareth Berry and Geoffrey Yu take a technical perspective at today's majors and outline the technical positions.

Key quotes

Beginning with the USD/JPY, “Resistance is at 99.34, a break above which would open 101.53 ahead of 103.74. Support is at 96.82 ahead of 95.81, indicating a bullish outlook.”

Regarding the GBP/USD, “As long as resistance at 1.5608 holds, the risk is for resumption of weakness to test the strong support at 1.5373, suggesting a neutral outlook.”

Finally, in terms of the USD/CHF, “The recovery over the past few sessions does not change the bearish picture as long as resistance holds at 0.9378. Support is at 0.9218 ahead of 0.9130.”
comments powered by Disqus