USDCHF
Key resistance at 1.2126 is broken above, USDCHF bottomed at 1.1993 on 4 hours chart. Further rise towards 1.2250 is still possible later today. Key support is at 1.1993, only break below this level will signal the resumption of the down trend.
USDJPY
USDJPY broke above previous high resistance at 119.86. Further rise towards 120.50 can be expected in the next several days. Near term support is at 118.88, only break below this level will delay the resumption of the up trend.
USDCAD
No changed in our view, USDCAD is in down trend, and correction to the down trend will more likely be seen before breaking below the long term support at 1.1031 (Aug 31, 2006 low). Key resistance is at 1.1227, a break above this level will signal the reversal to the down trend.
GBPUSD
Key resistance at 2.0045 is broken above, GBPUSD bottomed at 1.9864 on 4 hours chart. Further rise above 2.0132 can be expected in the next several days. Near term support is at the price channel and followed by 1.9864, only break below 1.9864 will delay the resumption of the up trend.
AUDUSD
No changed in our view, AUDUSD is in correction to the medium term up trend. Further fall towards 0.8150 will more likely be seen in the next several days. Near term resistance is at 0.8358, and key resistance is at 0.8392, only break above the key resistance will signal the resumption of the up trend.
EURUSD
EURUSD is in consolidation to the up trend, further rise towards 1.3750 to reach the next cycle top on 4 hours chart is still possible in the next several days. Near term support is at 1.3584, only break below this level will delay the resumption of the up trend.