Daily Forex Technical Report - EUR/USD and AUD/USD Finally Formed a Short Term Bottom?

Daily Forex Technical Report - EUR/USD and AUD/USD Finally Formed a Short Term Bottom?
Action Insight Daily Report EUR/USD and AUD/USD Finally Formed a Short Term Bottom? Despite initial strength, the greenback is gradually turning soft this week following rebound in oil prices. USD/CAD and USD/JPY has correcting for some time already. Now it seems that EUR/USD and AUD/USD are both finally bottoming. Both pairs are now pressing near term resistance level with clear sign of loss of downside momentum. Further upside in both pairs will confirm this case and bring stronger rally.

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