[EURUSD]

Important Levels to Watch for:

-  Resistance line of 1.17723 and 1.18035.

-  Support line of 1.16714  and 1.16403.

Commentary/ Reason:

- The dollar was quoted at $1.1678 per euro on Wednesday in Asia, touched more than 2 -months low against the dollar.

- The dollar is expected to rise higher in short term as the coronavirus rattles sentiment in Europe, but uncertainty about U.S.’s presidential election means the dollar could be prone to more volatile swings.

- Sentiment for the euro has slowly weakened as investors grow increasingly worried about surging coronavirus infections in countries like France and Spain, raising the risk of lockdowns.

- The euro zone PMI data later today will be a key focus, with some analysts saying a strong PMI could take the common currency back versus the dollar.

[USDCHF]

Important Levels to Watch for:

-  Resistance line of 0.92266 and 0.92552.

-  Support line of 0.91342 and 0.91056.

Commentary/ Reason:

- The dollar was quoted at 0.9215 Swiss franc.

- The Swiss franc fell to a seven-week trough.

[GBPUSD]

Important Levels to Watch for:

-  Resistance line of 1.28700 and 1.29300.

-  Support line of 1.26760 and 1.26160.

Commentary/ Reason:

- The pound was last trading at $1.2722, near a two-month low.

- British Prime Minister Boris Johnson told Britons to go back to working from home whenever possible, along with new restrictions that require all pubs, bars, restaurants, and other hospitality venues across the whole of England to close at 10 p.m.

- The PM also said that the situation could be in place for as long as six months without some form of vaccine.

- Meanwhile, traders also worried about the free trade deal in Brexit standoff.