Daily Market News — April 21st 2020

The Canadian dollar and the Australian dollar are looking bearish. The Japanese yen looks bullish today.

The EUR/USD pair is going through a consolidation, but it is showing some long-term weakness. The resistance levels are 1.0923, 1.0939, and 1.0968. The support levels are 1.0710, 1.0639, and 1.0615.

The USD/JPY pair looks more bearish due to the strengthening of the yen as economic fear grows. The resistance levels are 108.21, 108.69, and 109.23. The support levels are 107.23, 107.02, and 105.21.

The GBP/USD pair looks bearish and is trading below the former support at 1.2411. The resistance levels are 1.2411, 1.2571, and 1.2624. The support levels are 1.2252, 1.2139, and 1.196.

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