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Improving risk sentiment boosted AUDUSD and NZDUSD initially, but their technical paths have diverged. AUDUSD remains bullish above its 200-hour moving average despite 100-day resistance, while NZDUS…
USDCHF broke below the 100-day moving average at 0.78393, accelerating downside momentum toward the May 14 swing low at 0.7807. Technical breakdown signals potential further weakness.
EURUSD breaks below key technical support at 1.16806, extending losses to 1.16159. Sellers maintain control with resistance at 1.1655 and 1.16377 preventing recovery attempts.
EURUSD breaks below key technical levels, reinforcing seller control and signaling continued downside risk unless it reclaims these levels soon.