Written by: Karen Jones

EUR/USD
ACTION: Add to shorts on rallies to .8845/65 and place the stop/reverse over .8870. Add below .8800, .8770 looking to reverse on dips to .8745— stop/reverse below .8720. Failure here would trigger losses to .8555 where would again reverse shorts— tight stop/reverse for .8405/00.
POSITION: Short .8820, s/r .8870 Target .8745/20
Support .8800, .8770* .8745** SL .8740/20**
Resistance: .8865/70**, .8920*, .9015*, .9045, .9055**RL,

USD/CHF
ACTION: Raise the stop to below 1.6530. Cover on rallies to 1.6675/1.6700 looking to reinstate on a break for 1.6770 then 1.6840/50 where would reverse longs— tight stop/reverse for 1.6940/50 where would again cover looking to sell further strength to 1.7000 — stop/reverse over 1.7040
POSITION: Long 1.6560, s/r 1.6520 Target 1.6675.
Support 1.6560/30**, 1.6480*, 1.6420**, 1.6365, 1.6250/15**, 1.6150/30**,
Resistance 1.6635, 1.6675/1.6700,1.6770,1.6835/50**,

GBP/USD
ACTION: Lower the stops to over 1.4300 looking for 1.4195 then 1.4140/20 where would reverse shorts— stop/reverse below 1.4115.
POSITION: Short 1.4290, stop 1.4300 Target 1.4140/20
Support 1.4220, 1.4195*, 1.4125/15**, 1.4020*, 1.3960/50*,1.3925**,
Resistance 1.4300, 1.4355/85, 1.4400*, 1.4455, 1.4485/1.4515**

USD/JPY
ACTION: Longs partially covered 122.70/80. For remaining longs raise the profit stop to below 122.45 and reverse on rallies to 123.30/35— stop/reverse over 123.55. A break above here would target 125.30 enroute to 126.85.
POSITION: Long 122.15, profit stop 122.45 Target 123.30/35
Support 122.05/121.85*,121.40**, 121.15*, 120.60, 119.70/55**,
Resistance 123.30/55**, DT 123.80/90** 124.30/45**,

EUR/JPY
ACTION: Add on dips to 108.20 and place the stop/reverse below 108.00. Add above 108.85 looking for 109.30/45 where would cover take profits enroute to 110.70/90. Again take profits ahead of a rally to 111.75.
POSITION: Long 108.50, s/r 108.00 Target 109.30/45
Support: 108.20/00*, 107.00/106.80**,106.05/00*,
Resistance: 108.85*, 109.30/45, 109.85*, 110.70/90**, 111.75**

EUR/GBP
ACTION: Add on dips to .6170 and raise the stop to below .6150. Reverse longs on rallies to .6330/35— tight stop/reverse for .6335.
POSITION: Long .6170, stop .6150 Target .6230/35
Support .6170, .6150*, .6105/00* .6070**,.6060** SL
Resistance .6225, .6235** RL .6285/95** .6335**,

EUR/CHF
ACTION: Place the stop/reverse below 1.4635. Add above 1.4735 looking to reverse on rallies to 1.4800/30— tight stop/reverse for 1.4930/65.
POSITION: Long 1.4675, s/r 1.4635 Target 1.4800/30
Support 1.4635*, 1.4585** 1.4505** 1.4430
Resistance 1.4690, 1.4730, 1.4760* 1.4830/35**,