USDCHF
USDCHF is bottoming at 1.2374 on 4 hours chart, key resistance is now at 1.2496, a break above this level will confirm the cycle bottom. Near term support is at 1.2420 and followed by 1.2374, only break below 1.2420 level may signal the resumption of the down trend.
EURUSD
Key support at 1.2921 is broken below, EURUSD topped at 1.3042 on 4 hours chart. Further fall towards 1.2865 can be expected later today. Near term resistance is at 1.3000 and followed by 1.3042, only break above 1.3000 may signal the resumption of the up trend.
GBPUSD
GBPUSD topped at 1.9913 on 4 hours chart and daily chart, further fall towards 1.9500 can be seen next week. Near term resistance is at 1.9733, as long as this resistance holds, down trend will continue.
USDCAD
USDCAD is bottoming at 1.1729 on 4 hours chart, key resistance is at 1.1849, a break above this level will confirm the cycle bottom. Near term support is at 1.1729, only break below this level may signal the resumption of the down trend.
AUDUSD
AUDUSD fall below previous low support at 0.7759, further decline towards 0.7700 is still possible later today. Near term resistance is at 0.7785, only break above this level may delay the resumption of the down trend.
USDJPY
USDJPY is bottoming at 120.17 on 4 hours chart, key resistance is at 121.77, a break above this level will confirm the cycle bottom, and more sharply rise towards 123.00 can be expected. Near term support is at 120.17, only break below this level may signal the resumption of the down trend.
USDJPY is bottoming at 120.17 on 4 hours chart, key resistance is at 121.77, a break above this level will confirm the cycle bottom, and more sharply rise towards 123.00 can be expected. Near term support is at 120.17, only break below this level may signal the resumption of the down trend.
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