#EURUSD
Suggests an attempt to develop a bullish correction and test the resistance area near the level of 1.0385. Where should we consider the price rebound down and an attempt to continue the fall of the currency pair in the market to the area below the level of 0.9965. A test of the descending trend line on the relative strength index (RSI) will come out in favor of the instrument’s decline in the Forex market. Cancellation of the option of falling the EUR/USD pair will be a strong growth in quotes and a breakdown of the level of 1.0465. This will indicate a breakdown of the resistance area and a continuation of the rise of the currency pair on Forex to the area above the level of 1.0745.
#GBPUSD
Suggests an attempt to test the support area near the level of 1.2085. Then, continued growth with a target near the level of 1.2765. An additional signal in favor of the rise of the British Pound will be a test of the support line on the relative strength index (RSI). Cancellation of the growth option will be the fall of the Pound against the US Dollar and the breakdown of the 1.2025 area. This will indicate a continued decline in the Forex pair with a potential target below the level of 1.1845.
#USDJPY
Suggests an attempt to test the resistance area near the level of 132.65. Then, the continuation of the fall of quotations to the area below the level of 126.65. In favor of the pair’s decline, a test of the trend line on the relative strength index (RSI) will come out. Cancellation of the fall option will be a strong growth and a breakdown of the area of 137.85. This will indicate a breakdown of the resistance level and continued growth in the pair with a potential target above the level of 140.55.
#NZDUSD
Suggests an attempt to test the resistance area near the level of 0.6435. Where should we expect the quotes to continue falling to the area below the level of 0.5990. An additional signal in favor of the decline will be a test of the trend line on the relative strength index (RSI). Cancellation of the option of the fall of the NZD/USD pair will be a strong price increase and a breakdown of the level of 0.6545. In this case, we should expect the pair to continue to rise with a potential target above the level of 0.6855.