EUR/USD:

Initial bias remains on the upside as 21 and 55 EMA remains crossed northward. Also SSRC oscillator is still showing more buying momentum is expected in the pair. Am expecting further rise to 1.1086 resistance first. Break will target 1.1493 then to 1.1713 resistance respectively.

 

USD/CHF:

Initial bias remains on the downside as 21 and 55 EMA remains crossed downward. Also SSRC oscillator is still showing more selling momentum is expected in the pair. Am expecting further rise to  0.9770 support first. Sustained break of 0.9770 low will raise the change of medium term reversal and will bring deeper decline back to 0.9475 support instead.

 

AUD/USD:

Intial weekly bias remains neutral.

 

USD/CAD:

Intial weekly bias remains neutral.

 

GBP/USD:

Intial weekly bias remains neutral.

 

USD/JPY:

Intial weekly bias remains neutral.

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