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Hourly chart forecast on eurusd and usdjpy index

Guest FXmoneymunch

By Guest FXmoneymunch
in Technical Analysis

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Guest FXmoneymunch

Guest FXmoneymunch

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http://moneymunch.com/wp-content/uploads/2017/01/EURUSD_CHART_23-1.jpg

 

EURUSD Index has ground higher over the last few weeks.

EURUSD will see 1.06621 – 1.06352 – 1.06242 levels soon.

Keep in mind If EURUSD index break or close above the resistance level (1.07363) then EURUSD’s momentum largely positive.

 

http://moneymunch.com/wp-content/uploads/2017/01/usdjpy-23-1-17.jpg

 

Past week’s action in USD JPY has cemented the overall view for the US dollar in the medium term.

USDJPY index may show 115.218 – 116.159 – 117.489 levels soon.

If you see 113.946 or below this level, Expected to see further downside moves.

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