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EUR/USD

Break to the upside of the small pennant pattern has seen recovery to reach 1.1220 high. Swing over this will see scope to target 1.1260 then the 1.1300 level. Lift over this will return focus to the 1.1342 and 1.1376 highs. Lows at 1.1153/44 now protecting the downside. [PL]

EURUSD


USD/CHF

Recovery stalled at the .9788 high which stands just below the .9786/96 resistance. Setback see pressure returning to the downside and see the .9675 support to watch as break will return focus to the .9661/51 lows. Would need to regain the .9800 level to revive upside strength. [PL]

USDCHF


USD/JPY

Pressure stays on the upside and see nearby resistance at 113.82 now within reach. Clearance here will see return to the 114.00/14 area. Sustained lift over the latter will return focus to the 114.45/56 and 114.87 highs. Only setback below the 113.00 level will ease upside pressure. [PL]

USDJPY


EUR/CHF

Locked in range as recovery above the 1.0900 level see upside checked at 1.0925 high so far. Break here needed to clear the way for stronger recovery to 1.0944 and 1.0996 high. Failure to hold the 1.0875 low will expose the 1.0821 and 1.0810 lows to retest. [PL]

EURCHF


GBP/USD

Rally to regain the 1.4200 level and the 1.4227 resistance return focus to the upside to reach 1.4283 high. Nearby see scope to target the 1.4300 level next and lift over this will see scope to target 1.4366 then the 1.4400 level. Support now at 1.4183 and 1.4110, seen protecting the 1.4053 low. [PL]

GBPUSD


EUR/GBP

Setback to break the .7882 support see risk for deeper pullback to the .7838 support then .7775 low. Would take break of the latter to weaken and see swing focus lower to the .7700 level and .7652 support. Resistance now .7882/.7912 area ahead of the .7929/47 highs. [PL]

EURGBP

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