The levels today - Forex News by FX Leaders

The levels today

Posted Tuesday, May 10, 2016 by
Skerdian Meta • 1 min read

Here we are this morning so let´s have a look at the nearby levels in some of the major forex pairs. The first resistance level in EUR/USD is 1.1420 which was the high yesterday, then 1.1450s and 1.1480. 1.1380 has provided support in the last few days so that´s the first target on the downside, then comes 1.1340s and 1.1320s. In GBP/USD resistance levels are 1.4450, 1.4480s and 1.4530, while support comes at 1.4400, 1.43670 and 1.4350. What about USD/JPY? Here we go, the closest resistance levels are 109.20-25, 109.50 and the ultimate resistance level is 110 while the support levels are 109 which was just broken 108.70s and 108.20-30s.

Support and resistance levels in EUR/USD today

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About the author

Skerdian Meta // Lead Analyst
Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
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