
EUR: Yesterday Draghi dovish comments boosted the Euro below the 1.13 support triggering a sharp drop up to 1.1071. Despite of a short term bounce is likely towards 1.1170, further falls are likely looking for the main trend line that is leading the upward corrective phase from the March year’s low at 1.0456, that appears around 1.1030/40. Last step before the significant 1.0800 base.
JPY: The new up extension should be capped below the technical concentration area within 121.00 and 121.35.
EURGBP: Explosive wave 4 down resolution up to the important support at 0.7170/94 where a reaction is likely up to 0.7254, today´s map top.
EURJPY: Also developing a new impulsive leg on the way to the 133.11/52 support and today´s map bottom area from where some reaction is expected.
AUD: The wedge pattern is developing as continuation figure. Keep on mind the 0.73 break that could impulse the pair towards the 0.7382 and 0.7440 levels.
NZD: Likewise after a brief correction the NZD resumes the upside path solving its flag pattern opening the way to the recent top at 0.6896 and above to the 0.6924 resistance and the 0.6956 , 50% retrace