[EURUSD]
Important Levels to Watch for:
- Resistance line of 1.19273 and 1.19667.
- Support line of 1.19777 and 1.17605.
Commentary/ Reason:
- The euro was last at $1.1821, having fallen overnight.
- The drop in the euro extended its retreat from the $1.20 mark, which had begun on Tuesday after the ECB's chief economist Philip Lane said the euro-dollar rate "does matter" for monetary policy, suggesting the bank might do something about it.
[USDCHF]
Important Levels to Watch for:
- Resistance line of 0.91313 and 0.91615.
- Support line of 0.90941 and 0.90639.
Commentary/ Reason:
- The dollar was steady at 0.9121 Swiss franc, having rebounded from last two days fall.
[GBPUSD]
Important Levels to Watch for:
- Resistance line of 1.34169 and 1.34623.
- Support line of 1.32698 and 1.32243.
Commentary/ Reason:
- The pound down 0.01% on the day to $1.3325 but was above an overnight trough of $1.3284.
