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[EURUSD]

Important Levels to Watch for:

- Resistance line of 1.19344 and 1.20193.

- Support line of 1.16597  and 1.15749.

Commentary/ Reason:

- The euro changed hands at $1.1744 having eased in previous trade.

- Stochastic entered the overvalued range of 80.

- RSI oscillator steadies around normal range of 50 after a pullback from undervalued range.

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

EURUSD

 

[USDCHF]

Important Levels to Watch for:

- Resistance line of 0.92132 and 0.92599.

- Support line of 0.90702 and 0.89595.

Commentary/ Reason:

- Against the safe-harbour Swiss franc, dollar teetered at 0.9154.

- Stochastic oscillator verge on toward undervalued range of 20 value.

- RSI oscillator steadies around normal ranges of 50.

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

USDCHF

 

[GBPUSD]

Important Levels to Watch for:

- Resistance line of 1.31507 and 1.32787.

- Support line of 1.29926  and 1.28647.

Commentary/ Reason:

- The British pound was at $1.3082 after hitting a five-month high of $1.3185 last week.

- Stochastic oscillator entered overvalued range of 80.

- RSI indicator also pulled towards the overvalued ranges of 70.

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

GBPUSD