Euro/$ : Major Trend:Dwn-Tgt10800-10750 The market still need to clearly break and close above 12175 to confirm breakout validity and clear the way toward 12485 .In the downside, the market dropped but failed to close below 12060 .The 12060-12035 support area must hold to keep bullish trend healthy. clear break and close below this area will open window to test 11900.
British Pound/$ : Major Trend:Dwn-Tgt 159-157 The market will stay in trading range until 17900 clearly broken. Clear break and close above 17900 will open window to test 18500.Below 17525 risk for 17425-17350.
$/Japanese Yen : Major Trend:Dwn-Tgt 103 The bearish tone still dominating the market and the rebound from the 11370 key support is considered a correction before bearish trend resumes unless clear close above 11560.In the upside 11510 area still expected to cap the rally, while 11370 is considered a crucial support and clear break and close below it will clear the way toward 10875.
$/Swiss Franc : Major Trend:Up-Tgt 146-147 The breakout validity is in question because the lack of follow through. 12850 held yesterday giving chance for another attempt to break through 12670 support and clear the way toward 12350.Above 12850 risk for 12950-13000.
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