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Euro, Yen, Sterling Trading Strategy

Friday (June 8) provided the latest Euro (1.1793, 0.0000, 0.00%)/USD, USD/JPY and GBP (1.3371, -0.0004, -0.03%)/USD trading strategies.

EUR/USD: The uptrend has accurately tested the resistance at 1.1830, but the current trend turned bearish, and the downside is expected to test 1.1750. After breaking below this level, there is a risk of further exploration of 1.1650. The preliminary resistance in the day lies at 1.1790.

Intraday resistance: 1.1790,1.1830; resistance this week: 1.1830, 1.2060

Day support: 1.1750, 1.1650; this week support: 1.1480,1.1300

USD/JPY: 110.25 The reversal has been confirmed. The trend is biased towards bearishness. It is expected that the price will fall to 109.00. The further target is located in the 107.80 area. The medium-term resistance is located at 109.85.

Intraday resistance: 109.85, 110.40; resistance this week: 111.40, 114.40

Day support: 109.00, 107.90; this week support: 107.80, 106.70

GBP/USD: After the 1.3460 test failed, the trend became empty and the downside target looked to 1.3290.
The
Intraday resistance: 1.3460, 1.3620; resistance this week: 1.3618, 1.3990

Day support: 1.3380, 1.3290; this week support: 1.3210, 1.3040