USDCHF Analysis.
USDCHF remains in downtrend from 0.9082, and the fall extended to as low as 0.8572. Further fall could be seen after a minor consolidation, and next target would be at 0.8400 area. Key resistance is at the downtrend line on 4-hour chart, only a clear break above the trend line could indicate that the fall from 0.9082 is complete.
AUDUSD Analysis.
AUDUSD rise strongly to as high as 1.0751. Further rise is still possible after a minor consolidation, and next target would be at 1.0900 area. Support is now at 1.0500, as long as this level holds, uptrend will continue.
USDJPY Analysis.
USDJPY’s downward movement extended to as low as 75.65. Further fall is still possible in a couple of days, and target would be at 75.00 area. Key resistance is at 76.47, only break above this level could indicate that the fall from 77.48 is complete.
EURUSD Analysis.
EURUSD rise strongly to as high as 1.4246. Further rise could be seen after a minor consolidation, and next target would be at 1.4400 area. Support is at 1.3950, only break below this level could indicate that the uptrend from 1.3146 is complete.
GBPUSD Analysis.
GBPUSD continued its upward move from 1.5272 and the rise extended to as high as 1.6140. Support is now at the uptrend line on 4-hour chart, as long as the trend line support holds, uptrend could be expected to continue after a minor consolidation, and next target would be at 1.6300.
USDCAD Analysis.
USDCAD broke below 0.9989 support and reached as low as 0.9891. Further fall could be seen after a minor consolidation, and next target would be at 0.9800 area. Resistance is at 1.0000, as long as this level holds, downtrend will continue.
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