USDJPY Daily Analysis - November 17, 2016 Forex Analysis

USDJPY remains in uptrend from 101.18, the fall from 109.75 is likely consolidation of the uptrend. Range trading between 107.00 and 109.75 would likely be seen in a couple of days. Support is at 107.00, as long as this level holds, the uptrend could be expected to resume, and further rise to 114.00 area is still possible.

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AUDUSD Daily Analysis - November 17, 2016 Forex Analysis

AUDUSD continued its downward movement from 0.7778 and the fall extended to as low as 0.7460. Further decline is still possible after a minor consolidation, and next target would be at 0.7300 area. Resistance levels are at 0.7525 and 0.7590, as long as these levels hold, the downtrend will continue.

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EURUSD Daily Analysis - November 17, 2016 Forex Analysis

EURUSD's downward movement from 1.1299 extended to as low as 1.0666. Further decline is still possible after a minor consolidation, and next target would be at 1.0600 area. Resistance levels are at 1.0820 and 1.0900, as long as these levels hold, the downtrend will continue.

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