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April 3rd, 2019 @ 6:08 am by Setyo Wibowo

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USDCHF Forecast
The USDCHF bullish momentum stalled at 0.9985 yesterday as you can see on my daily chart below. The bias remains bullish in nearest term, but note that a failure to break above 0.9985 could trigger a bearish pullback. Immediate support is seen around 0.9965. A clear break below that area could trigger further bearish pressure testing 0.9900 key support area. On the upside, a clear break above 0.9985 would retest 1.0095 key resistance area which is a good place to sell.

usdchfdaily

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April 2nd, 2019 @ 6:15 am by Setyo Wibowo

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EURUSD Forecast
The EURUSD was indecisive yesterday. Price attempted to push higher topped at 1.1250 but closed lower at 1.1213 and hit 1.1196 earlier today in Asian session. The bias remains bearish in nearest term especially if price able to stay consistently below 1.1215 testing 1.1125/00 region. Immediate resistance is seen around 1.1250. A clear break and daily close above that area could create another false breakout bullish pullback testing 1.1300 – 1.1350 or higher.

eurusddaily

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April 2nd, 2019 @ 6:14 am by Setyo Wibowo

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GBPUSD Forecast
The GBPUSD had a bullish momentum yesterday topped at 1.3149 but closed a little bit lower at 1.3103 and traded around 1.3075 at the time I am writing this comment. The bias is neutral in nearest term but as long as stay above 1.3000 my major bullish outlook remains intact. Immediate resistance is seen around 1.3150. A clear break and daily close above that area could trigger further bullish pressure testing 1.3210/45 region. On the downside, 1.3000 remains a key support and good place to buy with a tight stop loss as a clear break below that area would invalidate the major bullish outlook.

gbpusddaily

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April 2nd, 2019 @ 6:13 am by Setyo Wibowo

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USDJPY Forecast
The USDJPY had a bullish momentum yesterday topped at 111.43. The bias remains bullish in nearest term testing 112.00 region. Immediate support is seen around 110.80. A clear break below that area could lead price to neutral zone in nearest term testing 110.50/00 region. On the upside, a clear break and daily close above 112.00 would target 113.15 area.

usdjpydaily

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April 2nd, 2019 @ 6:12 am by Setyo Wibowo

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USDCHF Forecast
The USDCHF had a bullish momentum yesterday and now struggling around 0.9985 resistance area as you can see on my daily chart below. The bias remains bullish in nearest term especially if price able to make a clear break above 0.9985 retesting 1.0095 key resistance. Immediate support is seen around 0.9970. A clear break below that area could lead price to neutral zone in nearest term testing 0.9935 area but key support remains at 0.9900.

usdchfdaily

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April 1st, 2019 @ 5:55 am by Setyo Wibowo

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EURUSD Forecast
The EURUSD had a bearish momentum last week bottomed at 1.1209 but still unable to make a clear break below 1.1215 key support area so far, which remains a good place to buy with a tight stop loss as a clear break and daily close below 1.1215 would resume the major bearish trend testing 1.1125/00 or lower. The bias is bearish in nearest term. Immediate resistance is seen around 1.1260. A clear break above that area could lead price to neutral zone in nearest term testing 1.1300 or higher.

eurusddaily

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April 1st, 2019 @ 5:54 am by Setyo Wibowo

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GBPUSD Forecast
The GBPUSD had a bearish momentum last week bottomed at 1.2977 but still unable to make a clear break below 1.3000 key support area so far and hit 1.3055 earlier today in Asian session. The bias is neutral in nearest term probably with a little bullish bias testing 1.3100/35 resistance area. On the downside, 1.3000 remains a key support and good place to buy with a tight stop loss as a clear break and daily close below that area would invalidate the bullish outlook testing 1.2900 – 1.2800 region this week.

gbpusddaily

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April 1st, 2019 @ 5:53 am by Setyo Wibowo

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USDJPY Forecast
The USDJPY failed to continue its bearish momentum last week after unable to make a clear break below 110.00 support area as you can see on my daily chart below, topped at 110.94 and hit 111.17 earlier today in Asian session. The bias is bullish in nearest term testing 112.00 region. Immediate support is seen around 110.70. A clear break below that area could lead price to neutral zone in nearest term but key support remains at 110.00. On the upside, a clear break above 112.00 would expose 113.15 or higher.

usdjpydaily

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