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AUDUSD Analysis. Being contained by the rising trend line from 0.6989 (Apr 28 low) to 0.7450 (May 18 low), AUDUSD rebounds from 0.7913. boost feat to 0.8150-0.8200 Atlantic is doable after today. However, compounding in a arrange between 0.7913 and 0.8263 is more likely to continue. attorney status is settled at 0.8263, exclusive uprise above this take module inform that the compounding has completed, and then boost feat could be seen to 0.8500 zone.
USDCAD Analysis. USDCAD drops sharply from 1.1158, suggesting that the uprise from 1.0784 has completed. However, arrange trading between 1.0784 and 1.1158 is still doable in next several days. attorney hold is today settled at 1.0784, beneath this take module inform that the compounding from 1.0784 has completed, then deeper start could be seen to 1.0500 zone.
USDCHF Analysis. Being contained by the falling trend line from 1.1263 to 1.0953, USDCHF drops from 1.0762 level. However, compounding in a arrange between 1.0590 and 1.0800 is still doable in a couple of days. attorney hold is today settled at 1.0590, exclusive start beneath this take module inform that the compounding from 1.0590 has completed, and then deeper start could be seen to 1.0400 zone.
USDJPY Analysis. USDJPY stays in the trading arrange between 93.85 and 97.23. Moving higher to effort 97.23 status is doable after today. A break above this take module signal boost feat to 98.00-98.50 area. However, as daylong as 97.23 status holds, we’d expect another start to 94.50-95.00 zone.
EURUSD Analysis. EURUSD bacilliform a brief term cycle top at 1.4338 take on 4-hour chart. Range trading between 1.4070 and 1.4338 is today in favor, and pullback to effort the hold of the lower border of the price channel on 4-hour chart is due by the end of the consolidation. attorney status is today settled at 1.4338, a break above this take module inform that the uptrend from 1.2884 has resumed, and then boost feat could be seen to 1.4600 zone.
GBPUSD Analysis. GBPUSD’s start from 1.6662 extends to as baritone as 1.6093 level. Deeper start to 1.6000 take is still doable after today, and rebound is due by touching this level. However, a clear break beneath this take module signal deeper start to 1.5800 zone.
