EURUSD topped at 1.3851 on 4 hours chart. Sideways consolidation will be seen in the next several days and pullback towards 1.3600 area is expected to follow. Key resistance is at 1.3851, only break above this level will signal the resumption of the up trend.
AUDUSD broke below 0.8752 key support and topped at 0.8870 on 4 hours chart. Sideways consolidation in a range between 0.8600 and 0.8870 will be seen in the next several days. Key resistance is at 0.8870, only break above this level will signal the resumption of the up trend.
USDCHF topped at 1.2163 on 4 hours chart. Further fall towards 1.1960 previous low is expected to follow in a couple of days and a break below 1.1960 level will signal the resumption of the down trend.
GBPUSD broke below the price channel support and topped at 2.0652 on 4 hours chart. Further fall towards 2.0300 is still possible in the next several days. Key resistance is at 2.0652, only break above this level will signal the resumption of the up trend.
USDCAD broke above 1.0496 resistance and further rise towards 1.0610 previous high is still possible later today, a break above this level will signal the reversal to the down trend. Key support is at 1.0339, only break below this level will signal the resumption of the down trend.
USDJPY is in down trend, the fall from 124.13 extended to as low as 117.97, further decline towards 117.00 is still possible in the next several days. Near term resistance is at the down trend line from 122.39 to 120.72, only break above the trend line resistance will signal the reversal to the down trend.
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