Crosses Daily Forecast May 20 2015

EURGBP: AS long as 0.7230/0.7282 resistance holds on a daily closing basis, outlook in EURGBP remains on the downside towards the 0.7060/0.6940 levels, above 0.7282 faces a recovery risk towards the 0.7380/0.7484 levels.

Crosses Daily Forecast May 20 2015_EURGBP

EURJPY: Outlook in EURJPY has turned neutral, support comes at the 134.17 levels while resistance comes at the 135.57 levels. Break of 135.57 on a daily closing basis will restore the upside momentum and open the 137.00/138.00 levels, below 134.17 on a daily closing basis, look for further weakness towards the 133.00/131.30 levels.

Crosses Daily Forecast May 20 2015_EURJPY

GBPJPY: As long as 186.0.3 support holds on a daily closing basis, outlook in GBPJPY remains on the upside towards the 189.20 levels ahead of the 191.15 levels, below 186.03 expect further weakness towards the 183.79/183.00 levels.

Crosses Daily Forecast May 20 2015_GBPJPY

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