Victoria's Daily Journal

[victoriajensen]

EUR/USD found some support at 1.1360 but it will likely test that level again until the end of the week. A further move to the downside depends on a breakout below it.

 

[victoriajensen]

EUR/USD is still consolidating sideways around 1.1400 but the move to the downside below 1.1360 will likely continue.

 

[victoriajensen]

AUD/USD is testing the support at 0.7230 though there likely won't be a breakout below 0.7200 by the end of the day.

 

[victoriajensen]

EUR/USD did continue moving to the downside and it will likely break out below 1.1340 as well. Next target is probably at 1.1300.

 

[victoriajensen]

The pair not only reached 1.1300 but it broke out below that level and it is currently testing 1.1285, it will probably continue falling towards 1.1200.

 

[victoriajensen]

AUD/USD bounced off from the support at 0.7200 after forming a pair of spinning top candlestick on the daily time-frame at that level. Next target is likely around 0.7335.

 

[victoriajensen]

AUD/USD formed a double top at 0.7335, so it is very likely that there will be a new move to the downside and a breakout below 0.7300.

 

[victoriajensen]

EUR/USD is about to test the support at 1.1300 again but it is unlikely to break out below that level before Monday.