EURUSD
EURUSD is topping at 1.3719 on 4 hours chart, key support is at 1.3562, a break below this level will confirm the cycle top and further fall towards 1.3480 area can be seen. Near term resistance is at 1.3719, only break above this level will signal the resumption of the up trend.
USDCAD
No changed in our view, USDCAD bottomed at 1.0469. The fall form 1.0676 is treated as correction to the up trend. Further rise towards 1.0866 previous high is expected to follow. Key support is at 1.0469, only break below this level will indicate lengthier correction to the up trend.
GBPUSD
GBPUSD broke above 2.0191 previous high and reached as high as 2.0232. Further rise towards 2.0300 is still possible later today. Near term support is at the up trend line from 1.9652 to 1.9959, key support is at 1.9959, a break below this level will signal the reversal to the up trend.
USDJPY
USDJPY bottomed at 113.86 on 4 hours chart, further rise above 117.11 to reach the next cycle top can be seen. Near term support is at 113.86, a break below this level will signal the resumption of the down trend.
USDCHF
USDCHF broke above 1.2065 previous high, further rise towards 1.2150 is still possible later today. Key support is at 1.1959, only break below this level will signal the resumption of the down trend.
AUDUSD
AUDUSD is forming a sideways consolidation in a range between 0.8050 and 0.8334. Rise above 0.8334 will more likely be seen in a couple of days. Near term support is at 0.8050, only break below this level will indicate lengthier correction to the up trend.
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