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Other Technical Outlooks

EUR-USD

It should be subject to more sell off towards 1.4254 or 1.4033. Corrective upward swings should face resistance around 1.4783 area. A break of 1.4655 is bullish.

USD-CHF

There are initial signs of a good corrective recovery towards 1.1154 or even 1.1202. Supports at 1.1018 and 1.0931 zone.

USD-JPY

While below 108.40 it is more likely to fall further towards 106.33 or 105.76. Premature rise above 108.40 could see it rising above 109.53 zone

EUR-JPY

Uptrend is still intact in a triangle configuration. It should continue to rally to 157.07 or 158.35 if support around 153.8 hold. After which a pullback to 153.80 – 153.03 zone is possible.

AUD-USD

Uptrend is still intact in a triangle configuration. It should continue to rally to 0.852 or 0.8589 if support around 0.8241 hold. After which a pullback to 0.8241 – 0.8182 zone is possible.

USD-CAD

It is likely to attempt nearer support at 1.0397 for extending further to below 1.0294 while below 1.0499 – 1.0584 area. Rise above 1.0635 would dampen this bearish expectation

EUR-CHF

Strength can extend to 1.6000 or even higher than 1.6056 as declines are expected to find support at 1.5899 or 1.5853. A fall below 1.5741 could turn it bearish.

EUR-GBP

Our preferred view is for a drift down to 0.7845 or below 0.7805. Resistances is at 0.7878. A rise above 0.7929 would delay but not abort this expected fall

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