EUR/USD fell to $1.3810 after it challenged $1.3900 on Friday and still remains under pressure. Below $1.3830 minor support comes at $1.3740 (Apr 8 lows), extending to $1.3670 (Apr 4 lows). Breack above $1.3900 will target $1.3965 (Mar 13 highs).
GBP/USD consolidates near last Friday highs $1.6720 after the rate challenged $1.6695 (50% Fibo of the last week’s rise). Below losses may widen to $1.6620 and $1.6550 (Apr 4 lows).
Above $1.6820 resistance comes at $1.6880 (Nov 15’2009 high). Initial support is around $1.6720 (38.2%).
USD/CHF recovered from Friday’s lows on Chf0.8740 to Chf0.8805 before retreated again. Below support comes at Chf0.8700 (Mar 13 lows), extending to Chf0.8625 (trend support line from Jul 22’2012). Initial resistance is at Chf0.8800 (Apr 10 highs), then - at Chf0.8850 and Chf0.8950 (Mar 4 highs).
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