EURUSD
Current price 1.2300
The current scenario
The Euro rallied with a target price of resistance at 1.2285 at 90 pips per month as well as the chart
The Euro is expected to extend to 1.2384-1.2430, which is a good selling area for the pair
Targeting 1.2030 and 1.1940 (38 and 50 Fibonacci) for the upside from the bottom 1.1553
A break of 1.2176 confirms the downside
recommendation
Sell from 1.2384-1.2430 levels above 1.2514 and target 1.2177 and 1.2020
GBPUSD
Current price 1.4110
The current scenario
GBP / USD broke the previous high of 1.3940 to hit its main target at 1.4100.
We expect a reversal below 540 and 1.4150 and a low of 1.3780
recommendation
Sell from the current price 1.4110 with a view of 1.4020, 1.3980 and 1.3780 pastost above 1.4280
USDJPY
Current price 109.61
The current scenario
The pair continued to drop from the top of 111.48
The pair reached its main target of 109.84 and we expect a bottom formation above 108.50
Breaking this level means targeting the main bottom 107.22 and opening the way for further downside targeting 105.25
AUDUSD
Current price 0.8062
The current scenario
The Aussie rose from the bottom 0.7494 targeting the important resistance 0.8116 which represents the trend of the peaks of 0.8160 and 0.8125 and is expected to witness a rebound of the pair below this resistance
In the near term, the AUD reached 180 at 0.8057 from the resistance at 0.8116 so expect the upside wave to be corrected from the bottom of 0.7500 targeting 0.7963
Good Luck
