Another week gone

Now to look forward to another exciting week ahead.

The EUR/USD seems to have found some support around 1.2330, after prices move up from the pincer bottom and reached a high of 1.3297, before closing the week at 1.2742. This closing price also falls between the retracement levels of 50% to 66%.

For the coming week, I would be looking to catch long on the EUR for a target price of about 1.3200, as long as 1.2330 holds as support.

USD/JPY closed the week at 98.49, after hitting a high of 99.69. Would be looking to pick long between the regions of 95.30 and 93.90.