Written by: Karen Jones

EUR/USD
POSITION: Short .8820, stop .8845 Target .8740/20
ACTION: Lower the stop to over .8845. Partially cover .8765 looking to reverse shorts on initial test of .8740/20— tight stop/reverse. Failure here would trigger losses to .8555 where would again reverse shorts— tight stop/reverse for .8405/00.
Support .8790/85, .8765 .8740/20** .8675**
Resistance: .8845, .8875/85**, .8945, .9015*, .9050, .9075**RL,

USD/CHF
POSITION: Long 1.6685, s/r 1.6635 Target 1.6835
ACTION: Raise stops to below 1.6635 and add above 1.6755 looking for 1.6835/50 to cover. Reinstate on a break for 1.6950/1.7000 where would reverse all longs— stop/reverse over 1.7040.
POSITION: Long 1.6685, s/r 1.6635 Target 1.6835
Resistance 1.6835/50**, 1.6945** 1.7115/25**, 1.7225,
Support 1.6635,1.6615,1.6550/30**, 1.6500*, 1.6470**

GBP/USD
POSITION: Short 1.4510, profit stop 1.4440 Target 1.4390/65
ACTION: Lower the profit stop to over 1.4440 and reverse all shorts into the 1.4390/1.4365 band— stop/reverse below 1.4355 for 1.4280 where would cover enroute to 1.4195 then 1.4125/20 where would reverse shorts— tight stop/reverse.
Support 1.4380/55**, 1.4330/05, 1.4270*, 1.4220, 1.4195*
Resistance 1.4440, 1.4480/1.4510** 1.4620/40* RL 1.4685/1.4700**,

USD/JPY
POSITION: Long 120.10, profit stop 120.20 Target 122.00
ACTION: Raise a trailing stop to below 121.00 and cover 122.00/15. Reinstate on a break for 123.35/55 where would reverse longs— stop/reverse over 123.90.
Support 121.40/30, 121.00*, 120.50**, 119.70/55**, 118.70/65*, 118.45
Resistance 122.10/15*, 122.60*, 123.35/55**, 123.80/90**

EUR/JPY
POSITION: Shorts covered, square
ACTION: Buy dips to 107.00/106.80, tight stop/reverse. Reverse longs on rallies to 108.00/20— stop/ reverse over 108.50 above here would retarget 109.30/45 where would cover take profits enroute to 110.70/90.
Support: 107.00/106.80**, 106.05/00*, 105.65/45**,
Resistance: 108.00/20**, 108.50, 108.85*, 109.25, 109.85*, 110.05,

EUR/GBP
POSITION: Short .6105, s/r .6125 Target .6070
ACTION: Add on rallies to .6120 and place the stop/reverse over .6125. Reverse on dips to .6070/55— stop/reverse below .6050 for .6005/00 where would cover.
Support .6120, .6105* .6070**,.6055** SL .6000*
Resistance .6170, .6185*, .6190**,.6225 .6245* RL, .6285/95**

EUR/CHF
POSITION: Long 1.4715, stop 1.4665 Target 1.4800
ACTION: Add on dips to 1.4680 and place the stop below 1.4665. Add above 1.4760 looking for 1.4800/35 to cover. Reinstate on a break for 1.4930/65 where would reverse longs— tight stop/reverse.
Support 1.4680*, 1.4665** 1.4535*, 1.4585** 1.4505**
Resistance 1.4760 1.4830/35**, 1.4865/75*, 1.4930**,