[EURUSD]
Important Levels to Watch for:
- Resistance line of 1.1355 and 1.1419.
- Support line of 1.1212 and 1.1146.
Commentary/ Reason:
- Stochastic and RSI oscillators are both entering the overvalued range as of now.
[USDCHF]
Important Levels to Watch for:
- Resistance line of 0.9551 and 0.9637.
- Support line of 0.9416 and 0.9321.
Commentary/ Reason:
- Stochastic and RSI oscillators are both within normal range.
- Price broke the Resistance Line 1 yesterday.
[GBPUSD]
Important Levels to Watch for:
- Resistance line of 1.2753 and 1.2804.
- Support line of 1.2457 and 1.2352.
Commentary/ Reason:
- Stochastic and RSI oscillators are both entering the overvalued range.
- The MACD is trading above its signal line and positive.