EUR/USD
Recovery off yesterday’s low of 1.3249 stalled at 1.3394, followed by pullback. Support was found at 1.3322 where fresh strength has emerged. Clearance of 1.3394 barrier has accelerated gains to test and slightly exceed resistance at 1.3423. Sustained break here is required to continue towards 1.3497, key short-term resistance. Initial support lies at 1.3322, ahead of 1.3249, break of which would signal a double top.

Res: 1.3431, 1.3440, 1.3497, 1.3530
Sup: 1.3377, 1.3322, 1.3305, 1.3280




GBP/USD
Maintains positive near-term tone after finding support at 1.5453/33 zone. Strong rally that emerged from here has nearly fully retraced 1.5659/1.5433 downleg, reaching 1.5644 so far. Break above 1.5659 is needed to trigger resumption of the recovery from 1.5343 and expose 1.5691, 61.8% of 1.5910/1.5343 downleg. Below 1.5433 re-exposes 1.5366/43.

Res: 1.5644, 1.5659, 1.5691, 1.5718
Sup: 1.5592, 1.5546, 1.5502, 1.5453





USD/JPY
Correction off 80.92 yesterday’s low, accelerated after clearing 81.84 resistance, to retrace 38.2% of 84.49/80.92 downleg at 82.27. Further gains would target 82.69 and 83.13, 50% / 61.8% levels. Corrective pullback should be contained by 81.80/70 zone, while loss of 81.49 would risk return to 80.92.

Res: 82.27, 82.52, 82.69, 82.94
Sup: 81.99, 81.83, 81.70, 81.60





USD/CHF
Fresh strength off historical lows retraced 50% of the latest 0.9644/0.9301 downleg at 0.9475, though, regain of 0.9511/31, 61.8% / 29 Dec high, is required to maintain near-term bulls and open way for retest of 0.9644/63 zone. Otherwise, risk remains of a lower top and resumption of the broader downtrend for retest of 0.9301.

Res: 0.9473, 0.9490, 0.9511, 0.9531
Sup: 0.9429, 0.9408, 0.9381, 0.9340