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EUR/USD yesterday after declining to a minimum this year ($1.1025), soon rose sharply, to $1.1095, thereby restoring all the lost ground and closed the day around $1.1080. Today, the pair is trading in a range in early trading rose to yesterday's high ($1.1095), however, at the time of writing declined sharply, losing all these gains and is trading around $1.1070. EUR/USD is below the moving average MA (200) H1 and below MA (200) H4, under the full control of the bears.
Resistance is located at: $1.1195, $1.1135, $1.1185
The support levels are at: $1.1025, $1.0975, $1.0920
USD/JPY yesterday, after rising to a two-month maximum (Y109.30), soon lost all gains, dropping rapidly to a minimum on 18 July (Y107.20) and closed the day around Y107.30. Today, the pair in early trading rose to Y107.55, however, soon fell sharply to a monthly low (Y106.85), but, at the time of writing, recovered slightly and is trading around Y107.05. USD/JPY fell below the moving average MA (200) H1 and below the MA (200) H4.
Resistance is located at: Y108.05, Y108.40, Y108.95
Support levels located at: Y106.75, Y105.95, Y105.65