GBPUSD bottomed at 2.0278 on 4 hours chart. Sideways consolidation in a range between 2.0278 and 2.0492 will more likely be seen in the next several days. Up trend will resume after consolidation, and rise towards 2.0600 is still possible.
EURUSD might be bottoming at 1.4031 on 4 hours chart, key resistance is at 1.4199, a break above this level will confirm the cycle bottom, and rise above 1.4281 is expected to follow. Near term support is at 1.4031, if gives way, lengthier correction can be seen.
AUDUSD broke above 0.8948 previous high resistance, further rise towards 0.9200 is expected. Near term support is at 0.8794, only break below this level will signal the consolidation to the up trend.
USDCAD broke below 0.9908 previous low and reached as low as 0.9787. Further fall towards 0.9700 is still possible later today. Near term resistance is at 1.0015, only break above this level will signal the reversal to the down trend.
USDJPY broke above 117.11 (Aug 23 high), consolidation will more likely be seen in a couple of days, and pullback towards 116.00 is expected. Near term support is at the up trend line, and as long as the trend line support holds, up trend will continue.
USDCHF is in correction to the down trend, further rise towards 1.1900 is still possible in a couple of days. Near term support is at 1.1712, a break below this level will signal the resumption of the down trend.
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