EUR/USD Daily
Edged off the 1.0912 low but the downside still vulnerable and see risk for break after some consolidation. Upside seen limited with resistance now at 1.0957 and the 1.1000 level. Below the 1.0900 level will see further decline to 1.0886 and 1.0840 then the 1.0800 level. [PL]
EUR/CHF Daily
Rejection from the 1.0950 resistance and break of the 1.0900 level see pressure returning to the downside. Below the 1.0865 support will see resumption of the drop from the 1.1200, Feb high. Lower will see scope to 1.0827 then the 1.0800 level. Only above the 1.0950 resistance will fade downside pressure. [PL]
USD/CHF Daily
No follow-through on the break below the .9900 level and rebound keep ranging action in play above the .9853 support. Rally to clear the parity level will resume the up-leg from the .9661 low. Support starts at .9905 then the .9871 and .9853 lows, seen protecting the downside. [PL]
GBP/USD Daily
Strong reversal from last Friday's high of 1.4043 is keeping this currency pair on a suppressive tone during intraday trading and breach of 1.3844 support is opening downside to 1.3800 then lower 1.3700. [W.T]
USD/JPY Daily
Recovery checked at the 114.00 level following strong recovery from the 111.04 low. Lift over the 114.00 level will clear the way for retest of 114.51 then strong resistance at 114.87 high. Dips see support now at the 113.40/22 area then the 112.56 low. [PL]
EUR/GBP Daily
Setback from the .7929 high signals a small top pattern though the .7845 support keeping pullback in check. See break needed to swing focus lower to the .7776 and .7708 support. Above .7929 will see further strength to the .8000 level then .8050, the 10-mth base measuring objective. [PL]
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