The Australian Dollar versus the US Dollar has declined massively since the end of August. The currency pair pulls back from the upper boundary of a junior descending channel on August 29 and followed by a period of decline.
A one-week junior ascending channel has guided the movement of the Eurozone single currency against the Japanese yen. The currency pair bounced off its lower boundary on September 10 followed by a short-term upside wave.
The New Zealand Dollar consolidated against the US Dollar near 0.6520/40.
The USD/CAD currency pair re-tested the monthly R1 at the 1.3185 mark.
The AUD/USD currency pair consolidated near the psychological mark at 0.7120 yesterday.
The Japanese Yen depreciated 0.42% since Monday's trading session. The EUR/JPY exchange rate reached the Fibonacci 23.60% retracement at 129.67.
Downside risks dominated the NZD/USD currency pair on Thursday, thus allowing the pair to reach the support cluster formed by the 55–, 100-hour SMAs and the weekly S1 near 0.6587.
The USD/CAD currency pair re-tested the resistance cluster formed by a combination of the weekly R2 and the monthly R1 near 1.3200.