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EUR/USD yesterday traded within the range: after a sharp decline to a minimum this year ($1.1100), soon rose sharply to $1.1185 restoring all the lost ground, however, by the end of trading fell again, closing the day around $1.1145. Today the pair is trading in a narrow range ($1.1140-50), about the closing level of the yesterday's session. 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: $1.1185-1.1200, $1.1285, $1.1320
The support levels are at: $1.1100-25, $1.1075, $1.0975
USD/JPY yesterday after a small decline to the level of Y108.05, soon abruptly rose to Y108.75 restoring all the lost ground, however, by the end of the session it slightly decreased again and closed the day around Y108.60. Today the pair is trading in the range of (Y108.55-75), slightly below yesterday's high. USD/JPY is above the line of moving average MA (200) H1 and a bit line above MA (200) H4.
Resistance is located at: Y108.75, Y109.00, Y109.95
Support levels located at: Y107.80-108.05, Y107.20, Y106.75