EUR/USD: Resistance at 1.37 continues to cap price suggesting downside risks to the daily cloud base and a support zone near 1.3525/50. Bigger picture, a break below this zone would likely confirm a move to 1.33/34.
USD/JPY: The market failed to move above 105.30 on initial attempts though topping signs are lacking. We are looking to buy dips, expecting a break above the 105.50/70 area. In the short term, the bias is marginal given the lack of strong bullish or bearish signs. Intraday support: 103.70.
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