EUR/USD.. .1.0780. No change in view. Resistance near 1.0915/35 has so far managed to contain EUR`s strength. It has now entered into correction, which is likely to continue for a while. Supports are at 1.0665, 1.0625 & 1.0560. Need a break of either 1.0865 or 1.0660 for gauging future direction.

USD/CHF.. 1.3560.No change in view. Dollar`s corrective phase is expected to last for some time. Resistances are at 1.3705, 1.3775/80 & 1.3835/50.

USD/JPY..118.05. Dollar dropped to 116.80 last week as suggested. good resistances are at 118.85 & 119.30/35. As these hold one more drop to 115.75/55 cannot be ruled out.

GBP/USD..1.5745. Cable continues to be weak & should target 1.5685/60 initially & 1.5450/10 later. Resistances are at 1.5980 & 1.6035/50.

Regards.

Source : www.rtfx.com