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Euro, Yen, Sterling Trading Strategy

Monday (June 4th) provided the latest EUR (1.1794, 0.0001, 0.01%)/USD, USD/JPY and GBP (1.3374, -0.0001, -0.01%)/USD trading strategies.

EUR/USD: The consolidation price below 1.1725 has already ended and it is expected that the uptrend will continue with a target of 1.1830. The preliminary support below is located at 1.1645 and the more critical support is at 1.1590.

Intraday resistance: 1.1750,1.1830; resistance this week: 1.1830, 1.2060

Day support: 1.1645,1.1590; this week support: 1.1480,1.1300

USD/JPY: The intra-day trend remains bullish above 109.20 and is expected to rise to the 110.40 area.

Intraday resistance: 109.80, 110.40; resistance this week: 111.40, 114.40

Day support: 109.20, 107.80; support this week: 107.80, 106.70
The
GBP/USD: The current trend is bullish, and it is expected to test 1.3460. The key support below is located at 1.3250

Intraday resistance: 1.3460, 1.3460; resistance this week: 1.3990, 1.4100

Day support: 1.3250, 1.3200; this week support: 1.3210, 1.3040