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Todays Hottest Forex Charts - 22 Nov 2021

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Todays Hottest Charts

AUDUSD gapped up at the open, but is in a strong bear market. We anticipate continued USD strength this week!

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AUD/USD

1D Chart
Price has gapped up at the open, however remains considerably bearish. Price is eyeing downside into the support around 0.71750.

1H Chart
Price is approaching a previous support level on the 1H Chart around the 0.7220 figure. If this level holds we could see a retracement into the resistance trendline / previous structure.

EUR/USD

1D Chart
Price has performed a break, retest and continuation of the descending support trendline. We anticipate a slight pullback today into the 1.13130 zone.

1H Chart
Price is in a trading range, and we anticipate the resistance level to be retested today.

NZD/USD

1D Chart
NZDUSD has bounced out off the resistance trendline, holding bearish structure. The longer term cycle structure is bullish, and we're looking for a move to support at the 0.786% fibonacci level.

1H Chart
Price has formed a minor support which we're looking for price to break today. We are eyeing continued downside below the 0.69500.

USD/CAD

1D Chart
Price is approaching the resistance trendline, and we're looking for price to continue into the trendline, and watching for a bounce from that price.

4H Chart
Price is rejecting the 61.8% fibo level as resistance. If price holds we could see downside to previous support.

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