EURUSD
Extended weakness from the 1.3330/35 double top to breach 1.2764, 23 Jan low. Loss of the latter has so far reached 1.2706, with bears focusing 1.2549, 04 Dec low. Corrective bounce now under way, with 1.2900, 30 Jan high, expected to cap rallies.
Res: 1.2829, 1.2854, 1.2915, 1.2933
Sup: 1.2668, 1.2627, 1.2601, 1.2582
GBPUSD
Loss of 1.4077 now weakens for a potential probe under 1.4000. Retest of 1.3500 is possible over coming sessions. Over 1.4400 neutralizes.
Res: 1.4353, 1.4375, 1.4426, 1.4472
Sup: 1.4045, 1.4030, 1.3995, 1.3931
USDJPY
Correction off 87.10, 21 Jan low, stalled at 90.79 on 28 Jan, with fresh weakness emerging from there. Today's break below 89.16 support commences the next phase lower, targeting 88.42/87.90 initially, ahead of possible retest of 87.10. Corrective attempts are seen limited by 90.06 for now.
Res: 90.06, 90.35, 90.66, 90.79
Sup: 88.79, 88.42, 88.27, 87.97
USDCHF
Has formed a trend continuation pattern. Clearance of 1.1581/1.1600 completes the pattern, opening 1.1717, 23 Jan high then 1.1807. 1.1522 buoys advance.
Res: 1.1717, 1.1747, 1.1775, 1.1807
Sup: 1.1510, 1.1491, 1.1435, 1.1407
