USDCHF broke above 1.2223 and bottomed at 1.2125 on 4 hours chart. Near term support is at the bottom of the price channel, and key support is at 1.2125, only break below the key support will signal the reversal to the up trend.
As expected, EURUSD broke below the key support at 1.3526 and topped at 1.3609 on 4 hours chart. More sharply fall below 1.3461 previous low can be seen. Near term resistance is at 1.3609, only break above this level will delay the resumption of the down trend.
GBPUSD is topping on 4 hours, a break below 1.9746 will confirm the cycle top and sharply fall towards 1.9650 area can be expected. Near term resistance is at 1.9650 and followed by the down trend line from 2.0073 to 1.9999.
USDJPY is in up trend and the rise from 119.46 extended to as high as 120.83, further rise towards 121.50 can be expected. Near term support is at 120.11 and followed by the up trend line from 117.59 to 119.46, and as long as the trend line support holds, up trend will continue.
No changed in our view, USDCAD fall below previous low support at 1.1004 and down trend resumes. Further fall towards 1.0930 (2006 low) can be expected. Near term resistance is at 117.67, as long as this resistance holds, down trend will continue.
AUDUSD broke below the key support at 0.8302 and topped at 0.8351 on 4 hours chart. Further fall towards 0.8170 previous low to reach the next cycle bottom on 4 hours chart is still possible later today. Near term resistance is at 0.8310 and followed by 0.8351.