EURUSD Daily Pivots
| R3 | 1.260 |
| R2 | 1.2548 |
| R1 | 1.2542 |
| Pivot | 1.2441 |
| S1 | 1.2397 |
| S2 | 1.2339 |
| S3 | 1.2296 |
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EURUSD could potentially aim for more upside after having successfully tested the major support/resistance level for support this time around. However, upside gains can be confirmed only when we see a break above the short term highs made near 1.248 levels, which could then target 1.25 region.
USDJPY Daily Pivots
| R3 | 120.363 |
| R2 | 119.785 |
| R1 | 119.211 |
| Pivot | 118.633 |
| S1 | 118.059 |
| S2 | 117.481 |
| S3 | 116.907 |
USDJPY looks to be testing the major price level at 118.974 region for resistance, which if it holds could spell further declines with the most immediate support levels coming in at 117.9 followed by 117.572. Only a break of these two support levels will see a deeper decline towards 116.782 levels. To the upside, a break above 118.97 could see a rally towards 119.66.
GBPUSD Daily Pivots
| R3 | 1.5794 |
| R2 | 1.5770 |
| R1 | 1.5743 |
| Pivot | 1.5719 |
| S1 | 1.5692 |
| S2 | 1.5668 |
| S3 | 1.5641 |
GBPUSD could potentially aim for more gains but needs to clear the 1.5723 price level, which could then target the previous resistance at 1.5814 price zone as the pair is starting to gradually break out from the falling price channel. If we see a close back into the price channel, GBPUSD could possibly look for more losses in the short term and could end up back in the trading range.
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