EUR/USD did reach 1.1620 and bounced off from that level. The sideways consolidation obviously continues, a breakout above 1.1700 could lead to a further move to the upside towards 1.1780.
EUR/USD briefly broke out above 1.1700 today but now it continues consolidating below that level. Unless the fundamentals cause enough volatility for a proper breakout the consolidation may continue until the end of the week.
The pair reached 1.1800 today and it is currently consolidating below that level. Next week there will likely be a breakout above it and a further move to the upside towards 1.1900.
AUD/USD bounced off from 0.7290 after forming a spinning top candlestick on the daily time-frame at that level and it is currently moving to the downside, next target will likely be at 0.7200.
EUR/USD continues consolidating below 1.1800 but tomorrow there will be major fundamentals coming from the USA so that consolidation will likely end then.
The US fundamentals will be coming out in about an hour and AUD/USD is, predictably, consolidating sideways. The direction of the breakout will depend on the fundamentals.
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