Daily Market Overview: EUR/JPY

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 111.43
Daily minimum: 110.63

After finding resistance at 111.32 the pair bounced off and sharply fell, broke the support at 111.17 and extended dip breaching a next support at 110.62. EUR/JPY may decline further until next support at 110.41.

Daily Resistance: 110.97; 111.20/40; 111.52/70.
Daily Support: 109.99/86; 110.07; 110.41.
Daily Bias: Strongly bullish.

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Wed, 21 Mar 2012 19:32:42 GMT

Daily Market Overview: GBP/USD

GBP/USD broke the resistance at 1.5896 in the morning but retreated afterwards and fell rapidly, breaching a support level at 1.5831. The pair currently is struggling at a confluence of supports at 1.5850/42.

Wed, 21 Mar 2012 19:32:18 GMT

Daily Market Overview: EUR/USD

Despite strong bullish sentiment, EUR/USD was falling until it met a support at 1.3226. The pair struggled at 1.3241/20 but prolonged its downward movement. EUR/USD currently is eroding support at 1.3195. In case the pair breaks this support level, it may drop further till next support at 1.3141.

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