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[EURUSD]

Important Levels to Watch for:

- Resistance line of 1.19515 and 1.19988.

- Support line of 1.17987  and 1.17514.

Commentary/ Reason:

- The euro - the most stretched of all recent gainers on the greenback - fell 0.7% overnight to trade back below $1.19. It last sat at $1.1842.

- Both Stochastic and RSI oscillators steady around normal range of 50.

- The MACD is trading above its signal line and negative. The configuration is positive.

EURUSD

 

[USDCHF]

Important Levels to Watch for:

- Resistance line of 0.91599 and 0.92477.

- Support line of 0.90514  and 0.89637.

Commentary/ Reason:

- The dollar was quoted at 0.9054 Swiss franc.

- Both Stochastic and RSI oscillators retreated from overvalued ranges.

- The MACD is trading below its signal line and positive.

USDCHF

 

[GBPUSD]

Important Levels to Watch for:

- Resistance line of 1.32644 and 1.33317.

- Support line of 1.30469  and 1.29797.

Commentary/ Reason:

- The pound was dumped back to $1.3092.

- Both Stochastic and RSI oscillators linger in the area toward undervalued ranges.

- The MACD is trading above its signal line and negative.

GBPUSD