Weekly technical analysis

The pair corrected to the first level only and continue declining. Support 1.2391 had been broken and the pair is aiming to test Moving Average (500) at 1.2181. EURUSD

The pair corrected to the first level only and continue declining. Support 1.2391 had been broken and the pair is aiming to test Moving Average (500) at 1.2181.

Resistance: 1.2391, 1.2569, 1.2701

Support: 1.2181, 1.1933, 1.1679

GBPUSD

The pair has reached the end of Flag and may return to 1.4231 again.

Resistance: 1.5058, 1.5252, 1.5484

Support: 1.4231, 1.3949, 1.3698

USDCHF

Strong resistance maybe expected at Fibonnachi 23.6% at 1.1683, the pair may rise to that level only if 1.1489 will be broken.

Resistance: 1.1489, 1.1583, 1.1682

Support: 1.1376, 1.1283, 1.1201

USDJPY

The pair’s resistance is at 95.82 (Moving Average 100). The pair’s support (trendline) is at 88.64.

Resistance: 92.58, 94.09, 95.20

Support: 91.25, 90.04, 88.64

AUDUSD

If the pair breaks 0.8724 , then the pair will decline to trendline at 0.8408.

Resistance: 0.8903, 0.9177, 0.9336

Support: 0.8724, 0.8576, 0.8408

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