The JPY is the strongest and the NZD is the weakest. Jump in for the fresh analysis!
EUR/USD: bearish correction is coming soon
There's a bullish 'Three Methods' pattern, so the pair is likely going to test the next resistance at 1.1815. A pullback from this level could be a starting point for a downward correction towards the nearest support at 1.1717.
It's likely to have a bearish correction in the coming hours. The main intraday target is the lower 'Window' (1.1741), which could act as support. If so, bulls are going to reach another resistance at 1.1815.
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Gold has started a remarkable downside correction and stands on the key 23.6% retracement area after a failure to hold the 38.2% retracement area.