EURUSD, AUDUSD, EURCHF Daily Outlook

EURUSD

The Euro recovered after testing bids at 1.3260 on Friday and intraday bias is on the upside. A sustained break of resistance into the 1.3650 region may extend gains towards 1.3750/60. Above 1.3750/60, there is key resistance formed at 1.3890 and it should limit the upside for now and keep daily sentiment unchanged. A breach later will initiate a corrective move above the 1.4 mark but it is too early to look that far. Support starts at 1.3550 backed by 1.3430. Current quote is 1.3650 @06:40 GMT

Support levels: 1.3550, 1.3500/10, 1.3430/50 and 1.3360.
Resistance levels: 1.3650, 1.3700 and 1.3750/60.
Market sentiment: long-term : bearish, mid-term : bearish, short-term : bearish

AUDUSD

Resistance at .6800 is on focus and a potential break may extend gains to .6990/00 or the .7100 mark. Intraday studies are bullish at the time of this writing but the dailies remain highly bearish. Support is seen at .6700 backed by .6530 and .6430. Current quote is .6740 @06:40 GMT

Support levels: .6700, .6530 and .6430.
Resistance levels: .6800, .6990/00 and .7100.
Market sentiment: long-term : bearish, mid-term : bearish , short-term : bearish

EURCHF

Current rebound brings the 1.5500 resistance under renewed pressure and the intraday studies which are bullish will remain so while trading above 1.5330. Above 1.5500 next resistance levels are seen at 1.5615 and 1.5750. Current quote is 1.5490 @06:40 GMT

Support levels: 1.5400, 1.4330 and 1.5150.
Resistance levels: 1.5500, 1.5615 and 1.5750
Market sentiment: long-term : bearish, mid-term : bearish, short-term : bearish

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