EURUSD Daily Pivots
| R3 | 1.1244 |
| R2 | 1.1192 |
| R1 | 1.1101 |
| Pivot | 1.1048 |
| S1 | 1.0957 |
| S2 | 1.0904 |
| S3 | 1.0816 |
EURUSD (1.10): EURUSD has declined strongly last week and broke down below 1.11 level of support. Price action is currently supported at 1.0085 level where we expect to see prices to trade sideways. The Stochastics oscillator is currently hovering near the lower bounds indicating a possible correction that is due. If prices manage to start correcting, the minimum level of correction is expected to be a recovery towards 1.1348 after prices manage to clear the previously broken support levels at 1.11 and 1.13 which could now act as resistance.
USDJPY Daily Pivots
| R3 | 123.075 |
| R2 | 122.275 |
| R1 | 121.828 |
| Pivot | 121.029 |
| S1 | 120.595 |
| S2 | 119.783 |
| S3 | 119.349 |
USDJPY (120.9): USDJPY has managed to break above 121 level of support and is currently re-tracing its gains. Support comes in at 120.275 which was previously acting as resistance. A successful test of support here could see USDJPY potentially aim higher above 121. Prices are however currently bearish and a break below 120.275 could see further declines in store. USDJPY has managed o rally back to the previously establish resistance at 121 through 121.5 region and a failure to clear this resistance could see USDJPY decline lower or continue to range sideways.
GBPUSD Daily Pivots
| R3 | 1.5493 |
| R2 | 1.5456 |
| R1 | 1.5382 |
| Pivot | 1.5344 |
| S1 | 1.5270 |
| S2 | 1.5234 |
| S3 | 1.5160 |
