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An update to EURUSD analysis, EURUSD managed to get out from the downward channel and test the R1 level but failed to surpass it. Successfully found support on S1 which is a significant level and with a sudden move broke below S1. Investor must be cautious with that pair because we didn’t see this price since 2003 under 1.03545.
USDJPY just stayed in the range and fluctuated between those two levels. The pair failed to return back to the S3 level but find support at 134.772. Now price seems that found support again at S1 for two consecutive candles. If the price fails to go below S1 we might see it around the R1 area.
WTI found support at 104.66 and started an upward movement until 111.44. Investors must focus if the price breaks below S1 then we might see WTI moving lower. If the price bounce on S1 level, we might see it continue further up.
An update to our previous analysis, BTC failed to go at S1 level and formed a range for couple days. Now the price broke above the range, and it seems to be trying to retest that area.
Investors must focus, if the price drops again in the range, we might see a fluctuation in the range or if the price bounce back on the range we might see the prices go up around R2 level.