[EURUSD]
Important Levels to Watch for:
- Resistance line of 1.22825 and 1.23303.
- Support line of 1.21279 and 1.20801.
Commentary/ Reason:
- The euro added 0.32% to $1.2218, not far from the 2 1/2-year high of $1.2273 touched this month.
- Earlier today, Trump signed into law the $2.3 trillion pandemic aid and spending package, averting a partial federal government shutdown. The moves improved investor sentiment, sent investors into riskier currencies.
- The euro also higher, cheered on announcement of finalized post-Brexit trade agreement.
[USDCHF]
Important Levels to Watch for:
- Resistance line of 0.89141 and 0.89388.
- Support line of 0.88341 and 0.88094.
Commentary/ Reason:
- The dollar retreated to 0.8896, down 0.16% on Monday against the Swiss franc, after the currency recorded a weekly high of 0.90088 earlier today.
[GBPUSD]
Important Levels to Watch for:
- Resistance line of 1.36085 and 1.36857.
- Support line of 1.33588 and 1.32905.
Commentary/ Reason:
- Sterling added 0.26% to $1.3565, treading water below the 2 1/2-year high of $1.3625 hit earlier this month, after the news that the post-Brexit was passed last week.