On Monday, the USD/JPY traded above the monthly pivot point that is located at 107.84.
During the early hours of Monday's London trading session, the GBP/USD had retreated down to the technical support levels near 1.2545.
On Monday morning, the EUR/USD traded above the support of the 55-hour simple moving average. Meanwhile, the rate had no technical resistance as high as the weekly R1 at 1.1307.
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