EURUSD
No changed in our view, EURUSD bottomed at 1.3609 and rise towards 1.3851 previous high is still in favor, a break above the next term resistance at 1.3726 will confirm such case. Key support is at 1.3609, only break below this level will signal the resumption of the down trend.
USDJPY
USDJPY broke above the down trend line from 122.39 to 120.72 and bottomed at 117.97 on 4 hours chart. Further rise towards 120.00 to reach the next cycle top is still possible. On the other side, the pair broke above the down trend line resistance and reached 119.47 only, 119.47 may be another cycle top on 4 hours chart, and a break below 117.97 will confirm such case.
USDCHF
USDCHF topped at 1.2163 and further fall towards 1.1960 is expected to follow in the next several days. Near term resistance is at 1.2065 and followed by 1.2100, only break above 1.2100 level will signal the resumption of the up trend.
GBPUSD
GBPUSD bottomed at 2.0182 on 4 hours chart. Rise towards 2.0450 is expected to follow in the next several days. Near term support is at 2.0182, only break below this level will signal the resumption of the down trend.
AUDUSD
AUDUSD is bottomed at 0.8458 on 4 hours chart. Rise towards 0.8700 is expected to follow in the next several days. Near term support is at 0.8458, only break below this level will signal the resumption of the down trend.
USDCAD
USDCAD is in up trend, the rise from 1.0339 extended to as high as 1.0698, and further rise towards 1.0757 (June 21 high) is still possible in the next several days. Near term support is at 1.0583 followed by 1.0525, only break below 1.0525 level will signal reversal to the up trend.
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