USDJPY
USDJPY rebounded from 117.50 after meeting the up trend line support, the pair may be bottoming at 117.50 on 4 hours chart, and further rise above 118.58 to reach the next cycle top will more likely be seen in the next several days. Key support is at 117.12, only break below this level may signal the resumption of the down trend.
AUDUSD
AUDUSD is bottoming at 0.7613 and further rise towards 0.7750 level can be expected in the next several days. Near term support is at the up trend line, and key support is at 0.7631, only break below the key support may signal the resumption of the down trend.
USDCAD
USDCAD is in up trend and further rise towards 1.1500 to reach the next cycle top is still possible later today. On the other side, the next cycle top on 4 hours chart is nearing, a break below the trend line support implies that the pair is topping on 4 hours chart.
USDCHF
USDCHF topped at 1.2536 on 4 hours chart, further fall towards 1.2384 can be expected in the next several days. Near term resistance is at 1.2536, only break above this level may pull price back to test 1.2578 previous high resistance.
GBPUSD
Key resistance at 1.8932 is broken above, GBPUSD bottomed at 1.8834 on 4 hours chart, and further rise towards 1.9100 level can be expected in the next several days. Near term support is at 1.8834, only break below this level may signal the resumption of the down trend.
EURUSD
EURUSD bottomed at 1.2761 on 4 hours chart, and further rise above 1.2870 to reach the next cycle top can be expected in the next several days. Near term support is at 1.2761, only break below this level may pull price back to test 1.2745 previous low support.
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