EUR/USD, GBP/USD rise further still while USD/JPY slips towards ¥140.00 region
EUR/USD, GBP/USD rise further still while USD/JPY slips towards ¥140.00 region amid renewed US dollar weakness.
EUR/USD advances further
EUR/USD is once again gunning for its February 2022 peak at $1.1495.
Potential slips below Tuesday's $1.1265 low may find support in the $1.1155-to-$1.1146 region. Further down lies last Monday's $1.0882 low which may also act as support.
GBP/USD rises to 7-month high
GBP/USD is on track for its seventh straight day of gains from last Monday's $1.2709 low whilst targeting the February 2022 low at $1.3487.
Potential slips may find support around the late October and early November highs at $1.3048-to-$1.3043 ahead of the $1.3015 mid-March high.
USD/JPY slides further
USD/JPY continues its descent towards the ¥140.00 region.
Minor resistance remains to be seen at last week's ¥144.56 low.
Only a currently unexpected rise above Wednesday's ¥148.28 high would lead to the late March low at ¥148.70 ahead of the 12 March high at ¥149.20 being targeted.
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