AUD/USD trades in previous range

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Source: Dukascopy Bank SA


The AUD/USD currency exchange rate continues to fluctuate between the support of the 0.7090/0.7100 zone and the resistance of the 0.7137/0.7141 levels. On Wednesday morning, the pair approached the resistance zone and was testing it.

A passing of the 0.7137/0.7141 level might result in a surge to the December high level zone at 0.7173/0.7187. Above the zone, the 0.7200 mark might act as resistance.

However, a decline of the rate from the resistance zone could find support in the weekly simple pivot point at 0.7121, the 50-hour SMA near 0.7120 and the 200-hour SMA near 0.7110. Further below, the 0.7090/0.7100 zone is located at.
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Wed, 15 Dec 2021 09:40:41 GMT

GBP/JPY breaks resistance

On Wednesday morning, the GBP/JPY currency exchange rate broke the high level zone at 150.67/150.77. However, the following surge appeared to have been stopped by the 151.00 mark. A move above the 151.00 level could aim at the weekly R1 simple pivot point at 151.33. Above the pivot point, note the 151.50 mark and the resistance line of the October and

Wed, 15 Dec 2021 09:10:11 GMT

EUR/JPY remains near 128.00

Despite a surge above the previous week's high levels, the EUR/JPY eventually retraced back to the support of the 128.00 level. On Wednesday morning, the pair had returned to trading between the 128.00 mark and the resistance of the 50 and 200-hour simple moving average near 128.20. In the case that the rate declines below the 128.00 level, the EUR/JPY

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