EURUSD was above 1.3333 resistance and reached the highest level of 1.3495, suggesting that the upward trend of 1.1876 has resumed. Uptrend should continue next week and the next target would be 1.3700 to 1.3800 to the field. Support is at 1.3285, as this level holds, uptrend will continue.
GBPUSD
GBPUSD to rebound from 1.5296 extended to as high as 1.5842. Also lead to resistance testing 1.5997 previous high is possible next week, a break above this level to signal the resumption of bullish 1.4230, then another climb to 1.8000 area could be seen. Support is at 1.5500, only break below this level could trigger another fall to 1.5000 area.
USDCHF
USDCHF broke below 0.9917 and reached as low as 0.9779. A further decline to 0.9600 area can be seen next week. Resistance is at 1.0181, as this level holds, downward trend of 1.1730 could be expected to continue.
Being contained by key resistance 85.98, USDJPY pulled back as low as 84.11. However, an increase of more re-test the 85.98 resistance is always possible, a clear break above this level indicates that the downward trend of 94.98 to 82.87 has already completed, then the next move in Higher prices could bring to 90.00 area. Key support is at 82.93, only break below this level could trigger a further decline to 82.00 zone.
Move down from 1.0672 USDCAD extended to as low as 1.0191. Key resistance is now at 1.0351, as this level holds, downward trend expected to continue to 1.0672 and more fall towards 1.0135 support is possible next week.
AUDUSD
AUDUSD upward movement spread to the highest level of 0.9613. Now the couple is confronted with the upper limit of the price channel on the chart four hours, the consolidation of the upward trend would be more likely to be seen. Support is at 0.9460, a break below this level indicates that the increase of 0.8771 is complete, then retreat to the lower limit of the channel could be seen.
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