Danske Research Team
Danske Bank A/S
Interested in more FX key technical levels? Take a look at Luc Luyet's daily technical outlook.
EUR/USD Daily
Steady in consolidation below the 1.1043 high of last Wed though above the 1.0925/00 support seen sustaining upside focus for retest of 1.1043. Break here will see further strength towards strong resistance at 1.1087. Would take break of the 1.0900 level to trigger deeper pullback to the 1.0830 and 1.0800 level. [P.L]
USD/CHF Daily
Held firm at the .9800 level last Fri but the downside still vulnerable and break will see further decline to .9757 then the .9700 level. The upside still limited with resistance starting at .9908 and need lift over this to swing focus higher to the parity level and 1.0034 resistance. [P.L]
EUR/CHF Daily
Weighing on the 1.0795 low and risk seen for break lower to swing focus to the 1.0756 and 1.0737, Nov lows. Break of the latter will see resumption of the broader decline from the 1.1050, Sep high. Resistance is at the 1.0855/77 area then the 1.0940 high. [PL]
GBP/USD Daily
View little changed from this morning with intraday retreat attracting buyers so long the 1.5159 support is not violated. Swift move above the 1.5240 high set last Friday will trigger renewed strength with the daily down trendline at 1.5300 targeted. [W.T]
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