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From yesterday/s A Day Ahead :
Buying at that level seems prudent, for the move to 1.08500 and even 1.08875.
FWIW today’s high has been 1.0888
So what now ?? Well, let see what happens after the US Data…
USDJPY Analysis: Sideways Movement Continues, Resistance and Support Levels
The USDJPY pair has attempted to break below the 149.52 support level but failed and has since moved sideways within a trading range between 149.52 and 150.88.
As long as the 149.52 support level holds, the sideways movement could be seen as consolidation for the uptrend from 145.89. A breakthrough of the 150.88 resistance level could trigger another rise towards the 151.90 resistance level.
On the other hand, a breakdown below the 149.52 support level would indicate that the upside move from 145.89 has already completed at 150.88. In this case, the pair would find support around the 147.50 area.
\EURUSD 4-hour chart: Inside day on Wednesday.
Good update Bobby. I will add my thoughts
I asked the question last week whether EURUSD is bid or bid in an offered market?
Looking at this chart technicals support the former but only if 1.0761 holds and 1.08+, trades, which would suggest there is more room on the upside.
Resistance comes in at 1.0824-39, the letter is the high for the week and then a void until 1.0897
‘EURUSD Day Ahead
Looking at the Daily chart, seeing a Pattern emerging that is calling for further Upside  move.
Support at 1.07950 and it is quite possible to be revisited tomorrow, so Buying at that level seems prudent, for the move to 1.08500 and even 1.08875.
Tomorrow we have some important data – check Economic Calendar –
Maintain Stops , avoid being dragged into the data !
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