Today's charts of EUR/USD, USD/CHF and AUD/USD
|EUR/USD Daily
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After failing to hold above 1.15, the Euro appears to be forming a corrective channel.
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Trading near the lower boundary of the channel, it could provide opportunity to buy above support.
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Until a clear breakout is seen, range trading strategies are preferred.
USD/CHF Daily
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Prices broke out of a corrective channel, in line with the long-term bullish trend.
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Look for prices to consolidate or retrace before it resumes the rally.
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Parity and the 1.0009 high make a likely interim target, before heading for the 1.0129 high.
AUD/USD Daily
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A potential bull flag is forming.
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The 20-day exponential average is providing dynamic support.
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Use a break of the 0.7247 high to confirm a breakout. However, if bearish momentum returns it takes us back in line with the longer-term bearish trend.
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