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Forex: USD/JPY: Dollar drops to a fresh 2-month low at 93.85

FXstreet.com (Barcelona) - The Dollar continues weakening against the Yen and on Friday's Asian session, the pair fell below 94.00 to a fresh 2-months low at 93.85.At the moment the pait tries o reach above 94.25 resistance level.Resistance levels, above 94.25, lie at 94.55 (May 18 low) and above there, 95.10/25 (May 21 highs). Support levels lie at 93.85 and below there, 93.55 (Mar 19 low) and 93.00.EUR/JPY has remained moving in a range between 130.75 and 131.50 aiming to

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Forex: USD/JPY: Dollar pulls back from 96.70 resistance level

FXstreet.com (Barcelona) - Dollar recovery from yesterday's low at 94.55 has halted at 96.70 resistance level, May 13 high, and the pair has pulled back to levels right above 96.10 support.According to Stoyan Mihaylov, technical analyst at Deltastock.com, the Dollar is on the upside, after hitting a bottom at 94.55: As expected, 94.55 was confirmed to be the end of the slide from 99.74, so current bias is positive for 97.12. Intraday support comes at 96.50 and crucial is 96.12.Resistance

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USD/JPY: Dollar drops further; below 7-week low at 95.15

FXstreet.com (Barcelona) - The Dollar continues its decline from 99.60 high and the pair reaches levels below 95.00, fresh 7-week low, after hitting 94.80 low shortly after Euro Zone GDP and CPI data was released.The Dollar stands now at support level at 94.85, and in case of further dipping, next support levels could be located at 94.15 (Mar 20 low), and 93.55 (Mar 19 low).Below 95.00, Carol Harmer, technical analyst at Charmer Charts, forecasts further decline to 93.55: Buyers are

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Forex: GBP/USD: The Pound approaches 1.5175 resistance

FXstreet.com (Barcelona) - The Sterling is picking up from intra-week lows at 1.5060 to levels close to 1.5175 resistance fuelled by a positive opening in U.S. markets. At the moment, the Pound trades at 1.5145.intra-day resistance level lies at the 1.5155/70 area and above there, next resistance levels lie at 1.5200/10 and 1.5255/65 (May 8 and 11 highs). On the downside, intra-day/week support lies at1.5065, and below there, next levels come at 1.4985 (Feb 9 high) and below

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Forex: EUR/USD: Euro reaches levels above 1.3670; 7-week high

FXstreet.com (Barcelona) ? The Euro is testing levels above yesterday?s 6-week high at 1.3670 after having bounced at 1.3560 on Asian session. The Euro trades now at 1.3558 after having squeezed up to a fresh 7-week high at 1.3675.Above current levels, next resistance lies at 1.3740 (Mar 19 and 23 high) and 1.3800 (Jan 8 high) and 1.3835/50. Support levels below 1.3640 remain at support levels lie at 1.3550 (May 11 low) and below there, 1.3520 and 1.3500.Nicole Elliott, senior

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