GBPUSD
GBPUSD broke below the up trend line from 1.9676 to 1.9733 and topped at 1.9967. The correction from 1.9676 completed and down trend resumed. Further fall towards 1.9676 previous low can be expected in a couple of days. Only break above 1.9967 will signal the reversal to the down trend.
EURUSD
EURUSD topped at 1.3553 on 4 hours chart. Further fall below 1.3391 previous low can be expected in a couple of days. Key resistance is at 1.3553, only break above this level will signal the resumption of the up trend.
USDCAD
As expected, USDCAD broke above the down trend line from 1.1167 to 1.0834 and pulled back from 1.0664. The pair might be topping on 4 hours chart, key support is at 1.0548, a break below this level will confirm the cycle top and fall towards 1.0450 can be seen.
USDCHF
USDCHF bottomed at 1.2146 on 4 hours chart. Further rise above 1.2331 previous high can be expected next week. Key support is at 1.2146, only break below this level will signal the resumption of the down trend.
USDJPY
USDJPY is in down trend, further fall towards 120.00 to reach the next cycle bottom on 4 hours is still possible later today. Near term resistance is at 121.56 and key resistance is at 122.13, only break above the key resistance will signal the reversal to the down trend.
AUDUSD
AUDUSD is topping at 0.8476 on 4 hours chart, key support is at 0.8350, a break below this level will confirm the cycle top, and sideways consolidation will more likely be seen. Near term resistance is at 0.8476, only break above this level will signal the resumption of the up trend.
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