Daily Briefing- US Futures Higher Ahead of Unemployment Claims data
EUR/USD:This pair is trading in a downward channel on a 4 hour time frame. The next support is near the 1.0518 level and the resistance is 1.0899. USD/JPY:The pair is trading in downward channel pattern on a 4 hour time frame. The near term support is at 121.35 and the resistance is at 12.63. GBP/USD: The pair is trading above its 50 day moving average on a 4 hour time frame.The next resistance is near 1.5530 and the support is 1.4952.
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