KLSE IForex Recommendations : Epic Research Malaysia

USD/JPY was up 0.23% and trading at 101.40, up from a session low of 101.09 and off a high of 101.45. The pair was expected to test support at 101.07, the low from July 10, and resistance at 101.80, Wednesday’s high. The dollar took a dive against the yen on Thursday as investors digested the fallout from a downed Malaysian Airlines flight over Ukraine, with the U.S. blaming Ukrainian pro-Russian separatists for shooting down the aircraft, killing 298 aboard.



INTRADAY OUTLOOK

Support: 1.4505
Resistance: 1.4525

RECOMMENDATION:
1. Buy EUR/CAD Above 1.4565- TG: 1.4585/ 1.4610 SL 1.4530
2. Sell EUR/CAD Below 1.4505- TG: 1.4475/1.4450 SL 1.4538

INTRADAY OUTLOOK
Immediate Support: 1.3515
Immediate Resistance: 1.3530

RECOMMENDATION:
1. Buy EUR/USD Above 1.3539- TG: 1.3559/1.3579 SL 1.3515
2. Sell EUR/USD Below 1.3523- TG: 1.3500/1.3480 SL 1.3544

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