EUR/USD Daily
Extending pullback from the 1.1376 high of last week and see the 1.1200 level now within reach. Break here will see room for stronger pullback to 1.1161 then the 1.1087/60 area. Higher low sought for renewed strength later with resistance now at the 1.1300/20 area then 1.1376 high. [PL]
USD/CHF Daily
Extending recovery from the .9661 low and regaining the .9786 and .9820 resistance will fade the downside pressure. Above the latter will see stronger recovery to retrace drop from 1.0257 high towards .9884 and .9985 resistance. The 200-day MA at .9734 now support ahead of the .9695 and .9661 lows. [PL]
USD/JPY Daily
Break of the 113.20 and 113.60 resistance see mkt retracing the recent steep drop from the 121.69, Jan high. Above the 114.21 resistance will see room for stronger retracement to target the 115.08 and 115.85 resistance. Support now at the 113.00 level and 111.57 then 110.99 low. [PL]
EUR/CHF Daily
Higher in range from the 1.0950 low but the upside still limited and see lift over 1.1043 high needed to trigger stronger recovery to the 1.1100 level. Support is at the 1.0950/40 area and break will see room for deeper pullback to the 1.0900 level and 1.0870 support. [PL]
GBP/USD Daily
View unchanged from this morning with intraday trade consolidative and only push above 1.4578 resistance to expose gain towards recent corrective high of 1.4668. On the downside, support seen at 1.4444 and break to expose weakness to 1.4384 then the lower end of consolidation at 1.4352. [W.T]
EUR/GBP Daily
Break of the .7756 triggers deeper pullback from the .7898 high of last week and see the .7713 support now at risk. Below this will see strong support at the .7666/61 area coming into play. Higher low sought for renewed strength later for with resistance now at the .7800 level then .7851 and .7898 highs. [PL]
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