Currency
Current Bias
Description
EURUSd bulls target resistance at in short-term as there is no pattern suggesting a reversal is in place at this time.
GBPUSD bears focus on making new lows below recent support and uptrendline support to maintain the downtrend.
USDJPY prices remain in large range above broken inner-downtrendline as we look for rallies to test outer downtrendline.
Long term sentiment remains down though there is potential for rally from current levels.
USDCAD recently tested support and have pulled back holding prices in larger range.
AUDUSD bulls made new high though at present levels there is potential for pullback to test uptrendline support.
NZDUSD prices remain bullish above inner trendlien support though breaking this level implies potential for deeper retracement.
code
