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Forex pairs in this Article » USD/JPY (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.”
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