EURUSD
EURUSD broke below the key support at 1.3752 and topped at 1.3851 on 4 hours chart. Sideways consolidation will be seen in the next several days. Key resistance is at 1.3851, only break above this level will signal the resumption of the up trend.
AUDUSD
AUDUSD broke above 0.8862 previous high and reached as high as 0.8870. Further rise towards 0.8900 is still possible in a couple of days. Near term support is at 0.8785 and followed by 0.8752, only break below 0.8752 level will signal the reversal to the up trend.
USDCHF
As expected, USDCHF broke above 1.2100 resistance zone and reached as high as 1.2163 level. Further rise towards 1.2200 is still possible in a couple of days. Key support is at 1.2010, only break below this level will signal the resumption of the down trend.
GBPUSD
GBPUSD is in up trend, the fall from 2.0652 is treated as consolidation to the up trend. Further rise above 2.0652 previous high is still in favor. Key support is at 2.0459, only break below this level will signal the reversal to the up trend.
USDCAD
No changed in our view, USDCAD broke below 1.0399 previous low, and further fall towards 1.0250 is expected to follow in the next several days. Near term resistance is at 1.0496, as long as this resistance holds, down trend will continue.
USDJPY
USDJPY is in down trend, the fall from 124.13 extended to as low as 119.77, further decline towards 119.00 is still possible in the next several days. Near term resistance is at the down trend line from 123.66 to 122.39, only break above the trend line resistance will signal the reversal to the down trend.
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