USDJPY Daily Analysis - November 25, 2016 Forex Analysis

USDJPY continued its upward movement from 101.18 and the rise extended to as high as 113.89. Support is at the upward trend line on 4-hour chart. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 116.00 area.

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AUDUSD Daily Analysis - November 25, 2016 Forex Analysis

AUDUSD broke above the downward price channel on 4-hour chart and is now facing 0.7441 resistance, a break of this level will indicate that the downward movement from 0.7778 had completed at 0.7310 already, then the following upward movement could bring price to 0.7500 zone. On the downside, as long as 0.7441 resistance holds, the rise from 0.7310 could be treated as consolidation of the downtrend, and further decline to 0.7200 area is still possible.

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EURUSD Daily Analysis - November 25, 2016 Forex Analysis

EURUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.1299. Further decline to test 1.0462 (Mar 13, 2015 low) support would likely be seen in a couple of days. Near term resistance is at the downtrend line, and the key resistance is at 1.0657, only break above this level will indicate that the downtrend had completed at 1.0518 already, then the following upward movement could bring price back to 1.0800 zone.

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