The USDJPY price bounced downwards strongly after testing 151.05 level in the previous sessions, to succeed touching our waited negative target at 148.65, and we suggest breaking this level to achieve more decline in the upcoming sessions.
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The GBPUSD price continued to rise to reach 1.2700$ barrier, confirming the continuation of the bullish trend domination in the upcoming sessions, and the way is open to achieve our waited positive target at 1.2765$, which represents 50% Fibonacci correction level for the decline from 1.3434$ to 1.2100$.
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The EURUSD price ended yesterday above 1.0455$ level, to get additional confirmation to turn to rise, and by taking a deeper look at the chart, we find that the price is forming double bottom pattern that its confirmation line located at 1.0530$, which means that breaching it will push the price to achieve bullish correction on the intraday and short-term basis.
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Hedera Hashgraph’s currency price (HBARUSD) fell in the intraday levels while trying to gather positive momentum and shake off negative pressure from the 50-day SMA, as it also vented off overbought saturation in the RSI, with the price buoyed by a positive pattern that formed in the short term, the Falling Wedge pattern.
Therefore we expect the price to gain ground, provided it settles above $0.23178, targeting the pivotal resistance of $0.39200.
Trend forecast for today: Likely Bullish