EUR/USD: 4-hour
Looks like traders aren't quite ready to take EUR/USD lower, eh? After forcing the pair below the 1.3000 major psychological handle, the market took a U-turn and pushed price back inside the range. If you think it'll keep rising, aim for the previous high around 1.3200. On the other hand, if you feel that sellers are just taking a breather, you might want to wait for EUR/USD to close convincingly below the range's support level before loading up on a short position.
USD/JPY: 4-hour
It will take a major retracement, but if USD/JPY manages to fall back down to the area of 99.80, expect to see some interest! After all, it was a solid resistance level in the past, so traders might think twice before they let price cross this critical zone once again.
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