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EUR/USD yesterday traded within Friday's range: after a slight increase to $1.1140, soon rapidly declined to a level of $1.1110, however, by the end of the session it rose again to high on Friday ($1.1150), restoring all the lost ground and closed the day around $1.1145. Today, the pair dropped to $1.1135, however, at the time of writing, recovered slightly and is trading around $1.1145. 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: $1.1150-75, $1.1225, $1.1285
The support levels are at: $1.1100-10, $1.1075, $1.0975
USD/JPY yesterday after a sharp decline to the level of Y108.40, soon rapidly rose to Y108.90, but closed the day slightly down again, about Y108.80. Today, the pair in early trading sharply rose to Y108.95 however, at the time of writing, sharply fell to Y108.65 and is trading around Y108.70. USD/JPY is above the line of moving average MA (200) H1 and above MA (200) H4, under control of bulls.
Resistance is located at: Y109.00, Y109.95, Y110.65
Support levels located at: Y108.40, Y107.95-108.15, Y107.20