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EURUSD seems headed towards 1.1000 area

EUR/USD seems bullish on the daily chart. Price has bounced off 1.0500 support area and big round number. This area is double-bottom support, which held price between March 11- 16 and April 13-14.
Price has been moving higher recently, suggesting that bullish momentum is intact. Resistance remains around 1.1000 area, which is triple-top resistance and capped price between March 11 and April 6.
Therefore, my forecast is that EURUSD will reach 1.1000 area at 1st of June, 12:00 GMT.
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AUDUSD poised lower

AUDUSD seems in a strong bearish trend on the daily chart. Price is now testing the 0.7560-0.7660 support area. Assuming the bearish will able to break and hold below this support area, price seems ready to dive lower.
In order for us to find the next target below, we will zoom out to the weekly chart. Going back all the way to April 2009, we can easily detect the 0.7000 big round number as an important technical level. It is obvious that this area as first acted as a resistance area, after a st…
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NO CHANGE IN EURUSD

NO CHANGE EXPECTED IN EURUSD in the short term.
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