US DOLLAR ANALYSIS, EUR/USD, AUD/USD, NZD/USD — TALKING POINTS
 
	
		EUR/USD branching out a new uptrend but will be coming across the critical cross-section
	
	
		AUD/USD rejected at 21-month swing-high. Drop accelerated after local GDP released
	
	
		NZD/USD cleared 13-month resistance but price action is indicating slowing momentum
	
	EUR/USD ANALYSIS
 
	EUR/USD appears to be climbing along with a newly-sprouted, modest uptrend since late July after jumping above the older slope of appreciation dating back to mid-May.
 
	The intersection of the two — labeled as “Key Juncture 2” may be critical. Breaking below that could result in a short-term pullback, followed by a brief congestive period before the broader uptrend resumes.
 
	EUR/USD — Daily Chart
 
	
		
			
				 
			
			
		
	
	
		EUR/USD — Daily Chart
	
	AUD/USD OUTLOOK
 
	AUD/USD was firmly rejected at the December 2018 swing-high at 0.7393 and was met with aggressive follow-through. Worse-than-expected Australia GDP data compounded AUD losses.
 
	Looking ahead, the pair will likely retest short-lived, former resistance-turned-support at 0.7295. Cracking that floor could open the door to flirting with a stubborn inflection range between 0.7206 and 0.7181.
 
	AUD/USD — Daily Chart
 
	
		
			
				 
			
			
		
	
	
		AUD/USD — Daily Chart
	
	NZD/USD FORECAST
 
	After breaking below the early-June uptrend, NZD/USD underwent a brief selling bout before stabilizing in mid-August and resuming its broader uptrend.
 
	As per PipsWin, The pair just recently cleared a technical landmark at 0.6726 with follow-through, which could precede another rise if momentum is sustained.
 
	Having said that, recent price action does paint a worrisome picture.
 
	NZD/USD — Daily Chart
 
	
		
			
				 
			
			
		
	
	
		NZD/USD — Daily Chart
	
	Leading up to resistance, the candles had large bodies and small wicks, indicating what appeared to be robust underlying confidence in the pair’s upside trajectory.
 
	However, since the ceiling has been cleared, price action has become timider as the pair trades at a 13-month high. The wobbly movement could make traders nervous and potentially catalyze a short-term pullback.