EURUSD
Suggests an attempt to develop a bullish correction and test the resistance area near the level of 1.0445. Where should we consider a price rebound down and an attempt to continue the fall of the currency pair in the market to the area below the level of 1.0145. 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 1.0625. 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 1.0865
GBPUSD
Suggests an attempt to test the resistance area near the level of 1.2050. Then, the continuation of the fall with the target near the level of 1.1645. An additional signal in favor of the decline of the British Pound will be a test of the resistance line on the relative strength index (RSI). Cancellation of the fall option will be a strong growth of the Pound against the US Dollar and a breakdown of the 1.2195 area. This will indicate a continued rise in the Forex pair with a potential target above the level of 1.2335.
USDJPY
Suggests an attempt to test the support area near the level of 134.65. Then, the continuation of the growth of quotations in the area above the level of 138.85. In favor of the pair’s growth, a test of the trend line on the relative strength index (RSI) will come out. Cancellation of the rise option will be a fall and a breakdown of the area of 133.55. This will indicate a breakdown of the support level and a continuation of the pair’s fall with a potential target below the level of 132.35.
NZDUSD
Suggests an attempt to test the resistance area near the level of 0.6215. Where should we expect the quotes to continue falling to the area below the level of 0.5955. 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 falling the NZD/USD pair will be a strong price increase and a breakdown of the level of 0.6345. In this case, we should expect the pair to continue to rise with a potential target above the level of 0.6655.