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Major’s in a technical snapshot - RBS

FXStreet (Barcelona) - Analysts at RBS explained the majors in a technical snapshot.

Key Quotes:

EUR/USD: 1.2358 to be watched, as charts indicate the possibility of rebound.

GBP/USD: 1.5600 support to pause the selloff, consolidation expected.

EUR/GBP: A base at 0.7777 was confirmed, as channel broken to the upside.

USD/JPY: Approaching the key target of 119.10, favour taking profits at current levels.

EUR/JPY stalling on the recovery at 147.20 resistance

EUR/JPY is trading at 147.11, down -0.01% on the day, having posted a daily high at 147.42 and low at 146.30.
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