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EURUSD Doesn't Break Resistance

By DailyForex.com

By: Investija

EURUSD Technical analysis
EURUSD bulls didn't manage to break resistance level after second attempt. A rebound back to support level occurred, at the moment waiting action is better to follow in order to confirm a possible breakout of support level. While resistance and support levels stay active, further bouncing between these barriers are expected.

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USDJPY Technical analysis

USDJPY-Strong positive trend remains for now, it is better to look for buying options, especially if resistance level at 93.06 is broken. Bears chance would only be valid when candles fall downside below support at 91.16.

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USDCHF Technical analysis

USDCHF-Currency pair can't decide which direction to take, erratic situation continues. Waiting action is better option to look for now.

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GBPUSD Technical analysis

GBPUSD, despite the recent bulls attempts to climb towards new highs, negative trend is still valid. Selling possibilities are in better place below support line at 1.6058.

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