GBPUSD continued its downward movement from 1.6785, and the fall extended to as low as 1.6568. Deeper decline is still possible, and the target would be at 1.6500 area. Resistance is at 1.6665, only break above this level could trigger another rise to re-test 1.6822 resistance. 

EURUSD is facing 1.3914 resistance, a break above this level will signal resumption of the uptrend from 1.3477, then next target would be at 1.4000 area. Initial support is at 1.3830, and the key support is located at the upward trend line on 4-hour chart, only a clear break below the trend line support could signal completion of the uptrend. 

Being contained by the lower line of the price channel on 4-hour chart, AUDUSD rebounded from 0.8924, indicating that the fall from 0.9133 is complete. Further rally could be expected and next target would be at 0.9100 area. On the downside, a breakdown below 0.8890 key support will confirm that the longer term uptrend from 0.8660 (Jan 24 low) had completed at 0.9133 already, then the following downward movement could bring price back toward 0.8500. forex

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