AUD/USD is moving in bearish channel, so we expect to see new bottom very soon, but first we must see some correction up, the first option for sell is "y", the second and strong option is "x". So we will see what will be the next move of the bears. Follow our analysis on http://www.forexpic.com/
EUR/USD back from strong resistance trendline from 2011 November. It is very possible to see formation of the figure M and first target 1.3000. Fibonacci also showing that 1.3450 is strong resistance. Follow our analysis on http://www.forexpic.com , you can also share your analysis in our site!