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EUR/USD steady below 1.3750 in Asia

FXStreet (Córdoba) - The EUR/USD remains quiet in Asia, hovering around 1.3740, after posting a moderate daily gain on Tuesday and moving sideways with support above 1.3685 and resistance at 1.3770.

EUR/USD with upside momentum above 1.3770

Jim Langlands from FX Charts, affirms that the ear around 1.3685 would continue to attract decent buyers, “which is backed up by support at 1.3670 (daily tenkan) and Fibo support at 1.3660 (38.2% of 1.3476/1.3772) and then the top of the daily cloud, now at 1.3650”.

To the upside, Langlands notes that once above 1.3770, it could head toward 1.3800 and then the major descending trend resistance at 1.3830: “a break of this area would be fairly pivotal for the Euro, as I suspect we would then be headed towards 1.3892, and then possibly on to 1.4000”.

USD/JPY popping up for air, onto 102.40

USD/JPY is attempting a run to the upside and has broken through the triple top 102.25 and extending through the highs onto 102.40, currently oscillating slightly below on a slow grinding performance.
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EUR/JPY has stalled at the resistance of 140.70

EUR/JPY bulls woke up early and began to drive the cross higher. though it reached the current Asian high at 140.70 and stalled, scared by as fresh selling orders seen around this level.
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