EUR/USD
Yesterday’s break of two week triangle has triggered a fresh thrust to clear 1.4156 barrier, and extend gains above 1.42. This now exposes 1.4250, January highs, ahead of 1.4373, 76.4% of 1.5144/1.1875 downleg. Key near-term support at 1.3990.

Res: 1.4220, 1.4260, 1.4295, 1.4373
Sup: 1.4101, 1.4057, 1.3990, 1.3947






GBP/USD
Clearance of 1.6105 now opens a fresh upleg, extending the recovery phase off 1.4230 and expose 1.6275, Jan high and then 1.6320, trendline resistance drawn off 1.7041, Aug 2009 yearly high. Correction may precede next push higher, with 1.6031 expected to contain.

Res: 1.6245, 1.6275, 1.6285, 1.6320
Sup: 1.6074, 1.6058, 1.6031, 1.6005





USD/JPY
Maintains negative tone as recovery attempts off 80.24 low failed twice at 81.59. While the latter and 81.97 cap, immediate risk is seen for attempt through 80.24 to open 80.00 and 79.75 historical low.

Res: 81.21, 81.59, 81.79, 81.97
Sup: 80.59, 80.45, 80.24, 80.00





USD/CHF
Breaks below 0.9700 and 0.9656, previous higher platform/61.8% reversal, confirms the end of recovery phase off 0.9461 and resumes the underlying bear-trend. This now opens 0.9609 and 0.9539, ahead of final push to retest key near-term support at 0.9461.

Res: 0.9735, 0.9768, 0.9822, 0.9865
Sup: 0.9609, 0.9575, 0.9539, 0.9461