By Admiral Markets
Hi traders,
The EUR/USD is showing strong bullish momentum but an stronger resistance zone is nearby at 1.20.
The GBP/USD is trying to breakout above the range but a fakeout remains dangerous.
The USD/JPY is in a downtrend and threatens to break the 50% Fib and fall to 110.
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Many green pips,
Chris Svorcik
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Article by Admiral Markets
Source: EUR/USD Aims at 1.20 & USD/JPY Bearish till 110
Admiral Markets is a leading online provider, offering trading with Forex and CFDs on stocks, indices, precious metals and energy.