EUR/USD Current price: 1.3124


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The EUR/USD continues mounted in a roller coaster, nose diving to 1.3032 where it set a double floor with yesterday low, on up beating US employment figures. US stocks soared along with the news, and current session is all about risk appetite: dollar gains have been completely reversed by European currencies, with the EUR/USD breaking back above 1.3115, now short term support. Technically, the hourly chart is bullish, with 1.3150 now as next strong resistance level to watch. Current upward momentum may ease now and find sellers around the level, with buyers still aligned around 1.3040: after all the huge noise, the pair is heading to close the week inside its last month range.



Support levels: 1.3115 1.3070 1.3040 



Resistance levels: 1.3150 1.3190 1.3225



GBP/USD Current price: 1.5575


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The GBP/USD fall up to 1.5479 before recovering over 100 pips in a bit more than an hour still trading below key 1.5605, this week high and Fibonacci resistance. The hourly chart shows price back above 20 SMA that maintains the bullish slope as indicators head strongly north in positive territory supporting current upward tone. Still a break of mentioned high is required to confirm an extension of current trend, towards 1.5650/60 in the short term but eyeing 1.5780 area for next week.



Support levels:  1.5530 1.5490 1.5450 



Resistance levels: 1.5610 1.5650 1.5690



USD/JPY Current price: 99.13


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USD/JPY soared to 99.25 with the news, trading steadily near that high and with scope now to extend its gains towards 99.60 amid strong market sentiment. The hourly cart shows a limited downside correction, as indicators reach extreme overbought readings, but as long as price stands above 98.80, buyers will remain in control. In the 4 hours chart technical readings turned bullish from its previous neutral stance, supporting the shorter term view.



Support levels: 98.80 98.40 98.10 



Resistance levels: 99.20 99.60 100.00



AUD/USD: Current price: 1.0316


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AUD/USD trades back above 1.0300, with a strong upward momentum in the hourly chart that shows indicators going straight north while price moves well above a slightly bullish 20 SMA. However, the bigger picture continues to be bearish, and the pair needs now to face strong selling interest around 1.0330/50 price zone. The area should be enough to keep the upside limited today, with possibilities of a retracement back towards 1.0280 after being tested.



Support levels: 1.0300 1.0260 1.0220 



Resistance levels: 1.0335 1.0380 1.0410

































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