EUR/USD
Today's breach of bull channel support sets up scope for a reversal pattern to form, for a corrective phase lower. Hourly structure warns of the potential for losses towards 1.3054, however a squeeze higher to 1.3233 remains.

Res: 1.3240, 1.3280, 1.3310, 1.3435
Sup: 1.3120, 1.3100, 1.3055, 1.3025




GBP/USD
A potential top appears to be building given the recent break and failure to hold above daily rising channel resistance. S-term structure suggests that the latest extend lower may be exhausted. Scope now for a corrective rally.

Res: 1.5910, 1.5930, 1.5975, 1.6005
Sup: 1.5725, 1.5695, 1.5660, 1.5580




USD/JPY
Yesterday's bullish engulfing candle warns of the potential for further s-term strength. However, daily structure suggests the formation of a lower high to challenge monthly t-line support off 79.75. Below 86.25 favors bears.

Res: 86.25, 86.45, 86.65, 86.90
Sup: 85.55, 85.30, 85.00, 84.00



USD/CHF
Last Friday saw a bounce off falling trend-channel support. A final squeeze back towards this support remains possible, with the confines of this formation likely containing price action in the near-term.

Res: 1.0560, 1.0580, 1.0605, 1.0625
Sup: 1.0475, 1.0440, 1.0405, 1.0375