Good morning. Herewith we would like to present our currency market forecasts for today.

EURUSD
Each rise towards 1,3620/30 should be used to open shorts with destination target set at 1,3340. Dynamic rebound above 1,3690 will indicate short-term trend reversal.

GBPUSD
Rise to 1,7600 would be a good moment to open short positions with take profit order set at 1,7330. Only the rebound above 1,7660 may cancel this scenario.

USDJPY
We suggest opening short positions at 102,50/60 and closing them at 100,60.

USDCHF
The pair is seen in range 1,1380-1,1480. Lower limit of this range would be a good point to go long with the first target set at 1,1480 and the second at 1,1580/90.

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