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November 22nd, 2017 @ 3:48 am by Setyo Wibowo

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EURUSD Forecast    
The EURUSD was indecisive yesterday printed a Doji on daily chart. The bias remains bearish in nearest term testing 1.1690 support area. A clear break and daily close below that area could trigger further bearish pressure retesting 1.1550 region this week. Immediate resistance is seen around 1.1760. A clear break above that area could lead price to neutral zone in nearest term testing 1.1800 but as long as stay below 1.1900 I remain bearish and any upside pullback should be seen as a good opportunity to sell.

eurusdhourly

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November 22nd, 2017 @ 3:47 am by Setyo Wibowo

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GBPUSD Forecast
The GBPUSD had another indecisive movement yesterday. Price has been moving sideways between 1.3330 – 1.3040 for almost 7 weeks now. The bias remains neutral in nearest term probably with a little bullish bias testing 1.3330 key resistance. Immediate support remains around 1.3185. A clear break and daily close below that area could trigger further bearish pressure testing 1.3085 region but as long as stay above 1.3000 I remain bullish and any downside pullback should be seen as a good opportunity to buy. On the upside, a clear break and daily close above 1.3330 would resume the major bullish trend retesting 1.3615 area.

gbpusddaily

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November 22nd, 2017 @ 3:46 am by Setyo Wibowo

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USDJPY Forecast
The USDJPY failed to continue its bullish momentum yesterday and hit 112.19 earlier today in Asian session. The bias is bearish in nearest term testing 111.65 (daily EMA 200) as a part of the bearish pin bar scenario as you can see on my daily chart below. Immediate resistance is seen around 112.70. A clear break above that area could lead price to neutral zone in nearest term testing 113.20 area. On the downside, a clear break and daily close below 111.65 would expose 110.65 or lower this week. Overall I remain neutral.

usdjpydaily

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November 22nd, 2017 @ 3:43 am by Setyo Wibowo

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USDCHF Forecast    
The USDCHF failed to continue its bullish momentum yesterday. Price unable to make a clear break above 0.9940 resistance area as you can see on my daily chart below. The bias is neutral in nearest term. Overall I remain bullish but need a clear break at least above 0.9940 to keep the major bullish trend alive and kicking retesting 1.0037 key resistance area. Immediate support is seen around 0.9875 followed by 0.9835.

usdchfdaily

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November 21st, 2017 @ 12:21 am by Setyo Wibowo

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EURUSD Forecast    
The EURUSD had a bearish momentum yesterday bottomed at 1.1722. The bias is bearish in nearest term testing 1.1690 support area. A clear break and daily close below that area would expose 1.1550 region this week. Immediate resistance is seen around 1.1800. A clear break above that area could lead price to neutral zone in nearest term retesting 1.1860 but key resistance remains at 1.1900. As long as stay below 1.1900 I remain bearish and any upside pullback should be seen as a good opportunity to sell.

eurusdhourly

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November 21st, 2017 @ 12:20 am by Setyo Wibowo

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GBPUSD Forecast
The GBPUSD was indecisive yesterday. The bias remains neutral in nearest term probably with a little bullish bias testing 1.3330 key resistance. Immediate support is seen around 1.3185. A clear break and daily close below that area would expose 1.3085 region but as long as stay above 1.3000 I remain bullish and any downside pullback should be seen as a good opportunity to buy. On the upside, a clear break and daily close above 1.3330 would resume the major bullish trend retesting 1.3615 area.

gbpusddaily

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November 21st, 2017 @ 12:19 am by Setyo Wibowo

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USDJPY Forecast
The USDJPY had a bullish momentum yesterday topped at 112.71. The bias is bullish in nearest term testing 113.20 resistance area. Immediate support is seen around 112.20. A clear break below that area could lead price to neutral zone in nearest term testing 111.65 region (daily EMA 200) which need to be clearly broken to the downside to continue the bearish pin bar scenario targeting 110.65 region. On the upside, a clear break and daily close above 113.20 would retest 114.50 key resistance which remains a good place to sell. Overall I remain neutral.

usdjpydaily

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November 21st, 2017 @ 12:18 am by Setyo Wibowo

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USDCHF Forecast    
The USDCHF had a bullish momentum yesterday topped at 0.9937. The bias is bullish in nearest term especially if price able to make a clear break above 0.9940 testing 0.9985 but key resistance remains at 1.0037. Immediate support is seen around 0.9900. A clear break below that area could lead price to neutral zone in nearest term testing 0.9875 – 0.9835 area. Overall I remain bullish but need a clear break above 1.0037 to resume the major bullish scenario targeting 1.0100 or higher.

usdchfdaily

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