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November 28th, 2018 @ 4:50 am by Setyo Wibowo

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EURUSD Forecast    
The EURUSD had a bearish momentum yesterday bottomed at 1.1277 after printed a bearish pin bar as you can see on my daily chart below. The bias remains bearish in nearest term testing 1.1215 key support area (tweezer bottom). Immediate resistance is seen around 1.1350. A clear break above that area could lead price to neutral zone in nearest term retesting the trend line resistance and 1.1400 region but as long as stay below 1.1500 I still prefer a bearish scenario at this phase. On the downside, a clear break and daily close below 1.1215 would expose 1.1100 – 1.1000 region.

eurusddaily

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November 28th, 2018 @ 4:49 am by Setyo Wibowo

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GBPUSD Forecast
The GBPUSD had a bearish momentum yesterday bottomed at 1.2725. The bias is bearish in nearest term testing 1.2700 – 1.2660 key support area which is a good place to buy with a tight stop loss as a clear break and daily close below 1.2660 would resume the major bearish trend targeting 1.2500 region.  Immediate resistance is seen around 1.2800. A clear break above that area could lead price to neutral zone in nearest term but only a clear break and daily close above 1.2875 would interrupt the bearish phase testing 1.3000 region.

gbpusddaily

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November 28th, 2018 @ 4:48 am by Setyo Wibowo

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USDJPY Forecast
The USDJPY continued its bullish momentum yesterday topped at 113.84. The bias remains bullish in nearest term testing 114.20 – 114.70 key resistance area which remains a good place to sell. Immediate support is seen around 113.40 region. A clear break below that area could lead price to neutral zone in nearest term testing 113.15/00 – 112.85 area but key support remains at 112.00 and the trend line support which remains a good place to buy with a  tight stop loss below 111.50 as a clear break and daily close below that area would invalidate the major bullish trend. On the upside, a consistent movement above 114.70 would expose 115.50 or higher.

usdjpydaily

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November 28th, 2018 @ 4:47 am by Setyo Wibowo

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USDCHF Forecast
The USDCHF didn’t make significant movement yesterday. The bias remains bullish in nearest term testing 1.0025 area. A clear break and daily close above that area would retest 1.0095 region. Immediate support is seen around 0.9975. A clear break and daily close below that area would retest 0.9910 key support area. Important technical range to be closely watched is between 1.0095 – 0.9910.

usdchfdaily

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November 27th, 2018 @ 4:21 am by Setyo Wibowo

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EURUSD Forecast    
The EURUSD attempted to push higher yesterday, topped at 1.1383 but closed lower at 1.1328, printed a bearish pin bar as you can see on my daily chart below. The bias remains bearish in nearest term testing 1.1275 region. Immediate resistance is seen around 1.1385. A clear break above that area would invalidate the bearish pin bar scenario but as long as stay below 1.1500 key resistance I still prefer a bearish scenario at this phase. On the downside, a clear break and daily close below 1.1275 would retest 1.1215 key support area (tweezer bottom).

eurusddaily

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November 27th, 2018 @ 4:20 am by Setyo Wibowo

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GBPUSD Forecast
The GBPUSD was indecisive yesterday. There are no changes in my technical outlook. The bias remains neutral in nearest term but as long as stay below 1.2875 I still prefer a bearish scenario at this phase retesting 1.2700 region. Immediate support is seen around 1.2765. A clear break and daily close below that area would expose 1.2700 key support. On the upside, 1.2875 remains a key resistance. A clear break and daily close above that area would expose 1.3000 region.

gbpusddaily

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November 27th, 2018 @ 4:18 am by Setyo Wibowo

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USDJPY Forecast
The USDJPY had a strong bullish momentum yesterday topped at 113.65. The bias remains bullish in nearest term testing 114.20 – 114.70 key resistance area which remains a good place to sell. Immediate support is seen around 113.15. A clear break back below that area could lead price to neutral zone in nearest term testing 112.85 area but key support remains at 112.00 and the trend line support which remains a good place to buy with a  tight stop loss below 111.40 as a clear break and daily close below that area would invalidate the major bullish trend.

usdjpydaily

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November 27th, 2018 @ 4:15 am by Setyo Wibowo

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USDCHF Forecast
The USDCHF had a moderate bullish momentum yesterday topped at 0.9993. There are no changes in my technical outlook. The bias remains bullish in nearest term testing 1.0025 area. The false breakout (above 1.0095) bearish scenario remains intact but need a clear break below 0.9910 key support area to resume the bearish run. Immediate support is seen around 0.9950. A clear break below that area could lead price to neutral zone in nearest term retesting 0.9910 key support area. Important technical range to be closely watched is between 1.0095 – 0.9910.

usdchfdaily

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