Euro
Looking at the weekly chart we see that the next resistance level is at 1.3491 which is also the Fibonacci level of 50%. We will have to see whether the resistance level holds. If it doesn’t I would look to selling around those levels.
GBP
The resistance of 1.5727 is still holding quite strong and on the bottom the support level 1.5624 is holding up. I would look to sell around 1.5727 if the resistance holds and to look at buying at 1.5624 if the support holds.
Aussie
Looks quite range bound, so I think I would play the range. I would look to sell around 96.00 (if not broken), and buy around 0.9525.
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