EURUSD is turning slightly lower from 1.0640 area where the pair might have completed a flat correction. However, there is still not an aggressive bearish move yet, but further weakness towards 1.0520 would confirm the end of wave 2 so in that case, we will be starting to look straight down to around 1.0400.
EURUSD, 1H
AUDUSD
Aussie is turning down on the intraday chart, following a completed three wave rise yesterday near 0.7630. That was a corrective recovery so we think that the pair will break to a new low for this month especially now following a strong decline out of a corrective channel.
AUDUSD, 1H