• USD/CHF: 1.0975 was the breakdown level and it has not been properly tested since the break 5 days ago. The 15 day MA at 1.1005 just behind is also acting as decent resistance.
  • AUD/USD: .7700 proved to be a magnet for bids earlier in the week. If this level holds again, it confirms the strength of the uptrend.
  • EUR/GBP: Has broken below its 200-day MA at .8680 and failure to re-take this level could be a very bearish signal. Next daily support at .8630.