GBPUSD
GBPUSD bottomed at 2.0182 on 4 hours chart. Rise above 2.0377 to reach the next cycle top can be seen 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.
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.
USDCHF
USDCHF is bottoming at 1.1977 on 4 hours chart. Rise towards 1.2100 area will more likely be seen in a couple of days. Key support is at 1.1960 (July 18 low), a break below this level will signal the resumption of long term down trend.
AUDUSD
AUDUSD is bottoming at 0.8446 on 4 hours chart. Further rise towards 0.8650 is expected to follow in the next several days. Near term support is at 0.8446, only break below this level will signal the resumption of the down trend.
USDCAD
USDCAD is in up trend, the fall from 1.0698 is treated as consolidation to the up trend. Further rise above 1.0757 (June 21 high) is expected to follow after consolidation, and a break above 1.0757 level will signal the reversal to the long term down trend.
USDJPY
USDJPY broke below 117.97 previous low and down trend resumed. Further fall towards 116.00 is expected to follow in the next several days. Near term resistance is at 119.47, and as long as this resistance holds, down trend will continue.
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