EURUSD ⇣
After 3 days of positive trend current rise should over near 1.3671 then it may move down to 1.3611 – 1.3595 levels.
For Long term traders – If the market stays below 1.3641 a fall to 1.3530 is expected. But once market break the point 1.3696 it could bounce to new high.
GBPUSD ⇣
It should continue rally to 1.6460 – 1.6485. After which a pullback to 1.6379 – 1.6359 zone is possible.
As per weekly chart Market should hold major support at 1.6205 before rising towards 1.6487 – 1.6558.
EURGBP ⇣
Market should go down to 0.8307 – 0.8303 area. If this crucial support zone holds then it must resume higher to 0.8331 – 0.8353 zone.
AUDUSD ⇣
It looks likely that it would rise to 0.8998 – 0.9036 from 0.8923 or before. After which a downside move is expected.
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