EURUSD, AUDUSD, EURCHF Daily Outlook

EURUSD

The Euro recovered after testing bids at 1.4200 on Friday, but the downside remains on focus while resistance into the 1.4550 region holds. The daily studies are bearish while the hourlies are slightly bullish at the time of this writing. The current decline started at 1.4420 is likely to continue towards the 1.4270 zone as gaps are usually filled. Support is seen at 1.4300 backed by 1.4270 and 1.4200. Resistance starts at 1.4420 followed by 1.4500 and 1.4550. Current quote is 1.4365 @06:40 GMT

Support levels: 1.4300, 1.4270 and 1.4200.
Resistance levels: 1.4420, 1.4500 and 1.4550.
Market sentiment: long-term : bullish, mid-term : bearish, short-term : bearish

AUDUSD

Resistance is currently seen at .8395/00 followed by .8480 and .8535. On the downside, support emerges at .8255 backed by .8190 then .8060 and .8020 lower. The short term studies are bearish while resistance at .8535 is intact. Hourly studies are bullish at the time of this report. Current quote is .8331 @06:40 GMT

Support levels: .8300, .8255 and .8190.
Resistance levels: .8395/00, .8480 and .8535.
Market sentiment: long-term : bullish, mid-term : bearish , short-term : bearish

EURCHF

Resistance at 1.6090 is back on focus and a sustained break may open 1.6250. The daily studies are still bearish while trading below 1.6090. Hourly studies are neutral at the time of this report. Support starts at 1.6035 backed by 1.5950 and 1.5915. Current quote is 1.6055 @06:40 GMT

Support levels: 1.6035, 1.5950 and 1.5915.
Resistance levels: 1.6090, 1.6160 and 1.6250.
Market sentiment: long-term : bullish, mid-term : neutral, short-term : bearish

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