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FOREX: USDJPY focus to 111.000; Major Support and Resistance 12.06.2018

trading setup

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EURUSD -- Possible sideways awaiting CPI data; bulls dictate while price is above 21-DMA  1.1780;

3rd resistance: 1.1861

2nd resistance:1.1840

1st resistance: 1.1811

Pivot: 1.1791

1st support: 1.1762

2nd support: 1.1741

3rd support: 1.1712

GBPUSD -- Bulls momentum stops below  21- DMA resistance  $1.34354; today movement will be from the data at 11:30

3rd resistance: 1.3527

2nd resistance: 1.3484

1st resistance: 1.3430

Pivot: 1.3387

1st support: 1.3334

2nd support: 1.3291

3rd support: 1.3237

USDJPY -- price above 21-DMA; bulls with focus on 200-DMA (110.149)

3rd resistance: 111.165

2nd resistance: 110.640

1st resistance: 110.333

Pivot: 109.808

1st support: 109.501

2nd support: 108.976

3rd support: 108.669

AUDUSD -- bulls intact while price is above 21- DMA (0,75623)

3rd resistance: 0.76547

2nd resistance: 0.76379

1st resistance: 0.76217

Pivot: 0.76049

1st support: 0.75887

2nd support: 0.75719

3rd support: 0.75557

 

Varchev Traders

 


 Trader Velizar Mitov

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