EURUSD
Reversal off 1.3068 found support earlier at 1.2750, ahead of the latest strength towards 1.2940, key trendline resistance, Break above there is needed to open 1.3025 pivot, en-route to full retracement of 1.3068/1.2706 decline.
Res: 1.2933, 1.2977, 1.3008, 1.3020
Sup: 1.2847, 1.2760, 1.2747, 1.2706
GBPUSD
Yesterday’s surge higher above 1.4470, 13 January low, now opens up way for return to 1.4982, 16 Jan high. Back under 1.4590 neutralizes immediate bulls.
Res: 1.4770, 1.4820, 1.4895, 1.4910
Sup: 1.4580, 1.4535, 1.4479, 1.4460
USDJPY
Completed an inverse Head and Shoulders base yesterday at 90.35, with 92.25 seen so far. Higher low now required, possibly near 92.30, ahead of next phase to 92.92, 08 Jan high.
Res: 91.89, 92.25, 92.92, 93.20
Sup: 90.72, 90.30, 90.06, 89.55
USDCHF
Yesterday’s triangle break now seeks an extension to 1.2090. Initial targets stand at 1.1843, 76.4% retracement of 1.2298/1.0370 and 1.1925, 4 Dec low. Downside, 1.1615 offers initial support.
Res: 1.1775, 1.1807, 1.1843, 1.1870
Sup: 1.1599, 1.1573, 1.1549, 1.1500
