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EURUSD Analysis. EURUSD poor beneath the rising trend line on 4-hour chart and is testing 1.4611 support, a break beneath this take module inform that the uptrend from 1.4177 has complete at 1.4843 take already, then the following downtrend module will take price back to 1.4450 or even lower. Near term status is today located at 1.4843, only rise above this take module inform that the uptrend from 1.4177 has resumed, then the incoming target would be at 1.5000 zone.
USDJPY Analysis. USDJPY continue to change oblique in a range between 90.12 and 92.53. Rise towards 92.53 take would more likely be seen later today, a break above this take module confirm that the downtrend from 97.78 has complete at 90.12 take already, then the following uptrend module take price to 94.00 zone. Key support is located at 90.12, only fall beneath this take module inform that the downtrend has resumed, then deeper decline is due to 89.00 level.
USDCAD Analysis. USDCAD breaks above 1.0925 key resistance, suggesting that the downtrend from 1.1124 has complete at 1.0590 take already. Further rise to 1.1050 is due in incoming several days. Near term support is at 1.0830, as daylong as this take holds, uptrend from 1.0660 module continue.
GBPUSD Analysis. GBPUSD bacilliform a short term wheel top at 1.6467 take on 4-hour chart and drops sharply to as low as 1.5916 so far. The pair is today in downtrend from 1.6467, deeper decline to 1.5600 is possible in incoming several days. Near term status is at 1.6100, as daylong as this take holds, we’d expect downtrend to continue.
AUDUSD Analysis. AUDUSD poor beneath the rising trend line on 4-hour chart, suggesting that a short term wheel top has been bacilliform at 0.8788 level. Further fall is today in souvenir and incoming target is to effort 0.8543 support, a break beneath this take module take price to 0.8350-0.8400 area.
USDCHF Analysis. USDCHF breaks above the falling trend line from 1.0698 to 1.0389, suggesting that a short term wheel bottom has been bacilliform at 1.0186 take on 4-hour chart. Now the downtrend from 1.0698 has complete and rebound to effort 1.0422 status is due in incoming several days.
