[EURUSD]

Important Levels to Watch for:

- Resistance line of 1.18760 and 1.19302.

- Support line of 1.17006  and 1.16464.

Commentary/ Reason:

- The dollar rose 0.6% against the euro, as the euro held just above a six-week trough of $1.1767 on Tuesday.

- Concern on a dramatic rise in new COVID-19 cases kept the pair in check. The number of new coronavirus cases reported weekly in Europe hit 300,000 for the first time.

- EUR/USD on also moved lower on dovish ECB comments along with a downbeat economic assessment from Germany's Bundesbank. ECB President Lagarde said the "strength of the recovery remains very uncertain, as well as uneven and incomplete," and the ECB stands ready to adjust policy if needed.

- The euro zone PMI data tomorrow will be a key focus, with some analysts saying a strong PMI could take the common currency back to the 1.19 level versus the dollar.

[USDCHF]

Important Levels to Watch for:

- Resistance line of 0.91904 and 0.92245.

- Support line of 0.90802 and 0.90461.

Commentary/ Reason:

- The dollar made gains against the safe-haven Swiss franc, last quoted at 0.9145 on Asian Tuesday trade.

[GBPUSD]

Important Levels to Watch for:

- Resistance line of 1.29722 and 1.30463.

- Support line of 1.27324 and 1.26583.

Commentary/ Reason:

- Sterling was shaky at $1.2817 amid fresh restrictions in Britain as virus cases grow.

- New restrictions require all pubs, bars, restaurants, and other hospitality venues across the whole of England to close at 10 p.m. from Thursday as Prime Minister Boris Johnson tackles a second wave of COVID-19 infections.

- The country also considering a second national lockdown as new cases rise by at least 6,000 per day.