EUR/USD Retrace & USD/JPY 115 Break

March 06, 2017 08:52

The EUR/USD is pulling back to resistance and is ready for a short trade setup at Fibonacci resistance. The GBP/USD is in a sturdy downtrend channel and has resistance confluence at 1.23-1.2325. The AUD/USD also is pulling back within a bearish breakout and the USD/JPY has clear support and resistance level for potential breakouts.

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