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USD Mixed: Key Technical Levels for EUR/USD, USD/JPY, GBP/USD
The US dollar shows mixed performance across major pairs as traders navigate key technical levels ahead of Thursday's session. EUR/USD holds steady near 1.0750, testing resistance at the 50-day moving average while finding support at 1.0720. USD/JPY faces selling pressure around 152.50, with immediate support at 152.00 and resistance at 153.00 representing critical decision points. GBP/USD consolidates near 1.2950, caught between support at 1.2920 and resistance at 1.2980. Technical indicators suggest cautious positioning as markets await fresh fundamental catalysts. The mixed price action reflects uncertainty about near-term dollar direction, with traders closely monitoring these pivotal levels for breakout opportunities. A decisive break above resistance levels could signal renewed dollar strength, while failures at these points may trigger further consolidation or reversal patterns across the major currency pairs.
EURUSD
USDJPY
GBPUSD
Sentiment:
Negative
Source: Finnhub