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Technical snap shots on majors and crosses - TDS

FXStreet (Guatemala) - Analysts at TD Securities gave us a snap shot of the technicals across a number of majors and crosses at the close of this week's session.

"EUR/USD retains a weak undertone but looks oversold short-term; only gains through 1.2930/35 would signal any scope for near-term strength".

"USD/JPY backs away from 109+ levels and the daily chart looks toppish short-term; expect losses to remain limited for now, however".

"EUR/GBP's break below the recent range base stalls and reverses today; the broader trend is lower, however, and we favour fading short-term GBP losses".

"EUR/PLN weakness should extend below 4.1725".

"AUD/NZD will continue to reflect AUD under-performance; look for a drop back to 1.07/1.08".

USD/JPY looking stretched on closing hour

USD/JPY is trading at 109.02, up 0.32% on the day, having posted a daily high at 109.48 and low at 108.59.
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