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USDJPY and AUDUSD Technical analysis

Technical analysis

USDJPY changes direction to bullish as it breaks below the 50h MA. The pair hit the daily high at 111.59 during the Draghi speech, but sellers took control and driving the pair to 111

AUDUSD hits fresh 3 month lows at 0.7439 the lowest level since January 12, it is the fourth daily decline in a row and the pair has reached oversold level, we expect a small rebound.

GBP still holds the bullish momentum and every pull back is a buy opportunity. Bulls will get a boost if the pair will regain the 1.29 level

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Forex Technical analysis week: 9-13 October 2017 10-12-2017 GBPUSD regains bullish momentum breaking above the 50 hour moving average and also breaking above the 50 daily moving average after rumors that EU may offer UK a 2 year transition period, stay long as the pair is trading above 1.32 10-11-2017 EURUSD keeps the positive momentum ...