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[EURUSD]

Important Levels to Watch for:

- Resistance line of 1.20116 and 1.20947.

- Support line of 1.18454  and 1.17623.

Commentary/ Reason:

- Against the euro, the dollar stood at $1.1990 on Tuesday in Asia, close to its lowest since May 2018.

- Both Stochastic and RSI oscillators have crossed passed   the overvalued ranges.

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

EURUSD

 

[USDCHF]

Important Levels to Watch for:

- Resistance line of 0.90649 and 0.90867.

- Support line of 0.89943 and 0.89725.

Commentary/ Reason:

- The dollar was quoted at 0.9010 Swiss franc, just a shade above the lowest in more than five years.

- Both Stochastic and RSI oscillators have entered the undervalued ranges.

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

USDCHF

 

[GBPUSD]

Important Levels to Watch for:

- Resistance line of 1.34126 and 1.34497.

- Support line of 1.32927 and 1.31557.

Commentary/ Reason:

- The British pound bought $1.3407, which is near its strongest level in almost a year.

- Both Stochastic and RSI oscillators entered the overbought ranges.

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

GBPUSD