Flash: AUD/USD losses the channel - Commerzbank

FXstreet.com (Guatemala) - Karen Jones, chief analyst at Commerzbank said failure at 0.9042 will cast attention back to the 0.8822 mid December low.

Further Quotes:

“Below 0.8822 will target the base of the 2 year down channel at 0.8717 and our longer term targets are found at 0.8550 en route to 0.8068”.

GBP/JPY on the come back

GBP/JPY is continuing on the bid, recovering its losses and back onto the 170.00 handle approaching 171.00.
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EUR/USD set up for a break out?

EUR/USD is testing the downside of the ascending channel on the 5-minute charts. EUR/USD has been hitting both sides of the channel is shaping up for what might be a break on the wedge formation forming on the session.
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