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Before I share this week’s must-watch cross-currency levels, I’d like to give a shout-out to Roger Federer for winning the Wimbledon Men’s Finals! In doing so, he not only tied the record for most Wimbledon championships, but also became the top-ranked tennis player once again! Not bad for a 30-year-old dude, eh?

Now, let’s see if we can score a Grand Slam win of our own with these levels that I marked down on EUR/JPY, GBP/JPY, and EUR/GBP!


EUR/JPY Hourly Chart

We’ve been seeing strong selling pressure on EUR/JPY as of late, so I think the area of the previous week’s low (PWL) and the weekly open (WO) may be tested for a possible break to a new low. To the north side, the area of 99.00 and the top WATR looks like a prime place to short if you’re waiting for a pullback.

  • WO: 97.57
  • Top WATR: 98.95
  • Bottom WATR: 96.20
  • PWH: 101.32
  • PWL: 97.64


GBP/JPY Hourly Chart

GBP/JPY has formed a nice solid range over the past couple of weeks. Support at the 123.00 zone has been a tough nut to crack, and I think this will be the week’s make-or-break level. Above, 124.00 presents a possible area of interest for retracement plays as well.

  • WO: 123.18
  • Top WATR: 124.60
  • Bottom WATR: 121.76
  • PWH: 125.49
  • PWL: 123.06


EUR/GBP Hourly Chart

On EUR/GBP, I’m eyeing two areas in the next couple of days. Down south, I’ll be keeping my eye on the PWL and WO for a potential new low. Meanwhile, I’ll be looking for the area between the WATR and 0.8000 to act as an area of interest up north, as this has acted as a solid support zone in the past few weeks.

  • WO: .7919
  • Top WATR: .7974
  • Bottom WATR: .7865
  • PWH: .7925
  • PWL: .8079

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