TICKS.GLOBAL – The Currency Update
EURUSD. GBPUSD.USDJPY.AUDUSD.
EURUSD. Prices make a retest of the intermediate trend line and fail to push higher. A break at 1.31 level supports will take prices back to 1.264, which is previous support and Fibonacci projection.
GBPUSD. Sub 1.55 key intermediate targets lie at 1.5.
USDJPY. The prices have made a higher low. A push above previous high and multimonth resistance near 84 will suggest a reversal in trend up for the pair.
AUDUSD. This again is a key retest of a multimonth trendline resistance. A negative price confirmation will push the pair lower till 0.95 levels.
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