EURAUD broke and closed below a support line of a
horizontal range on a daily.
The broken structure turned into a resistance now.
The violation opens a potential for a bearish continuation.
Next supports: 1.611 / 1.605
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AUDUSD formed a head and shoulders pattern on a daily time frame.
With the release of the yesterday's US fundamentals,
the price dropped rapidly and violated a neckline of the pattern.
We can anticipate a further bearish continuation now.
Next supports: 0.6645 / 0.657
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EURJPY broke and closed below a key daily structure support yesterday.
The market now opens a potential for a further decline.
Next support - 157.8
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GBPJPY broke and closed above a resistance line of
an ascending triangle formation on a daily.
We see a retest of a broken structure and a rising trend line at the moment.
Probabilities are high that the pair will resume growth soon.
Next goal - 194.5
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AUDCAD has a nice potential to continue moving up.
Last week, the price was consolidating within a narrow range on a daily.
A bullish breakout of the resistance of the range is a strong bullish signal.
With a high probability, the market will keep growing.
Next resistance will be 0.9295
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