Sterling continues to strengthen amid short squeeze

2024.06.14 2024.06.14 USDJPY: Elliott wave analysis and forecast for 14.06.24 – 21.06.24 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ Main scenario: consider long positions from corrections above the level of 154.50 with a target of 161.50 – 167.00. Alternative scenario: breakout and consolidation below the level of 154.50 will allow the pair to continue declining to the levels of 151.68…

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AUD/USD is attempting a fresh increase from 0.7015. NZD/USD is consolidating and could aim for a move above 0.6000 in the short term. Important Takeaways for AUD/USD and NZD/USD Analysis Today · The Aussie Dollar remained supported above 0.7000 and recovered losses against the US Dollar. · There was a break above a key declining…