[EURUSD]

Important Levels to Watch for:

- Resistance line of 1.20135 and 1.20561.

- Support line of 1.18759  and 1.18333.

Commentary/ Reason:

- The reversed gains of the common currency now sit at $1.1900 Wednesday.

- Overnight, the euro climbed above $1.20 mark for the first time since May 2018, before retreated from its highest levels on profit-taking.

- Strength in U.S. manufacturing activity pulled the dollar up from its lows Tuesday and moved into positive territory when EUR/USD tumbled on dovish ECB comments.

EURUSD

 

[USDCHF]

Important Levels to Watch for:

- Resistance line of 0.91291 and 0.91700.

- Support line of 0.89968 and 0.89560.

Commentary/ Reason:

- The dollar was quoted at 0.9109 Swiss franc, rebounded from two days fall.

- The pair recorded lowest in more than five years on Monday at 0.89986.

USDCHF

 

[GBPUSD]

Important Levels to Watch for:

- Resistance line of 1.34914 and 1.35403.

- Support line of 1.33332 and 1.32843.

Commentary/ Reason:

- Sterling traded at 1.3377 latest, after recoding new eight-months high overnight at 1.3481.

- The mark was just below of last year's high that followed the 2019 election at 1.3513.

GBPUSD