EUR/USD: Bullish: Take partial profit at 1.1400.
While the longer-term outlook for EUR is rather bullish, long should consider taking partial profit near 1.1400. The next significant resistance is further away at 1.1495. Stop-loss on longs should be adjusted higher to 1.1150.
AUD/USD: Neutral: Likely in a broad 0.6950/0.7240 range for now.
The recent rally in AUD was short-lived and the sharp from last week’s peak of 0.7242 is likely part of a broad consolidation phase. Expected range; 0.6950/0.7240.
NZD/USD: Neutral: Likely in a broad 0.6560/0.6800 range for now.
Similar to AUD/USD, the recent rally in NZD was short-lived as the trailing stop-loss was quickly breached. The outlook is neutral from here and this pair will likely trade in a broad 0.6560/0.6800 for now.
PS: Copy and Earn on Forex4you - https://www.share4you.com/en/?affid=0fd9105
