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FX Weekly Report
The FX Weekly Report provides the latest, in-depth forex technical analysis about the FX market each week. By Pierre Charlebois.

No big run to Dollars yet…

The USD is still not strengthening overall and is for the most part range bound. So long-term trends for the most part, are still holding. Break-outs loom on some currencies but I would be leery of a sudden reversal in them such as the AUD and NZD.


USDindex – New bottom still possible (Almost expected)



EUR/USD – Could be forming either a triangle or ending diagonal



GBP/USD – Did not break key support at 1.60



USD/CHF – No clear break yet



USD/CAD – Could be forming a triangle and continuation pattern. New lows are not out of the question



AUD/USD – Topping? or break-out?



NZD/USD – Topping? or break-out?



USD/JPY – Not clear direction



EUR/JPY – Also in limbo

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