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FOREX: USDJPY possible flag formation: Major Support and Resistance 20.06.2018

EUR/USD — bears control while price is below 21-DMA
* 3rd resistance: 1.1691, conversion line line
* 2nd resistance: 1.1681, 21-DMA
* 1st resistance: 1.1645, June 19 high
* Spot: 1.1575
* 1st support: 1.1531, June 19 low
* 2nd support: 1.1510, May 29 low
* 3rd support: 1.1475, pivot s2

GBP/USD — trades near 7 month low
* 3rd resistance: 1.3320, 21-DMA
* 2nd resistance: 1.3273, June 19 high
* 1st resistance: 1.3205-12, May 29June 15 lows
* Spot: 1.3167
* 1st support: 1.3151, June 19 low
* 2nd support: 1.3109, midpoint of gains since October 2016
flash crash
* 3rd support: 1.3077, pivot s3

USD/JPY — Trend line Resistance May Pressure Bull Flag
* 3rd resistance: 111.50, last Fibonacci retracement of losses
since Jan. 8
* 2nd resistance: 110.90, June 15 high
* 1st resistance: 110.57, June 19 high
* Spot: 110.17
* 1st support: 109.81, 21-DMA
* 2nd support: 109.19, 55-DMA
* 3rd support: 108.72, June 1 low

AUD/USD — Further losses seen after bearish close
* 3rd resistance: 0.7476, May 30 low
* 2nd resistance: 0.7447-48, May 16-15 lows
* 1st resistance: 0.7412-14, May 9June 18 lows
* Spot: 0.7398
* 1st support: 0.7347, June 19 low
* 2nd support: 0.7327, 61.8% Fibonacci retracement of gains
since early 2016
* 3rd support: 0.7305, pivot s3


 Trader Velizar Mitov


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