AUD/USD technicals - Keep an eye on ascending trendlines

FXStreet (Bali) - For those expecting AUD/USD dips to be shallow in nature, there are two ascending trendlines near by worth monitoring for a potential rebound towards new multi-month highs.





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GBP/JPY technicals - Watch the triangle resolution for clues

GBP/JPY has had three topside tests of its dynamic triangle trendline, a pattern that will likely keep the pair confined within familiar levels until a breakout is confirmed.
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EUR/AUD technicals - Sellers capitalize on descending trendline

EUR/AUD continues commanded lower by a descending trendline coming off 1.5520 high last March 12. Note the 100MA on the hourly has been capping price ever since March 20 as well.
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