EUR/USD
Friday closing: 1.3939
Finally EUR/USD has break above 1.4000 and recorded a high at 1.4029.
We do not have much news release next week, from last Thursday & Friday candlestick pattern, suspect the market to be consolidating in this week within 1.3850 - 1.4050.
Favour to Short, Trading Plan: wait patiently for clear reversals near 1.4000-50 region.
Intraday Fibo Range: 1.3760 - 1.4025
GBP/USD
Friday closing: 1.5957
GBP/USD has break above 1.6000 and recorded a high at 1.6014, it failed to close above 1.6000 and closed the Thursday candle with a reversal pattern.
Current Resistance: 1.6014 (Thursday High)
Favour to Short when GBP/USD travels to 1.5975 region, SL at Thursday High.
If GBP/USD has break above current resistance and closed beyond 1.6000, it may hit 3L 1.6060.
Intraday Fibo Range: 1.5993 - 1.5778
USD/JPY
Friday Closing: 81.92
Trending down. Looking at this pair to continue to head south, to 80.00 region if there's no intervention from the government.
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