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

EURUSD
Rise to the area of 1,3440/50 should be used to open short positions with destination target at 1,3340. Breach of this level will lead to the test of 1,3210. Retreat above 1,3520 will initiate further gains to 1,3620/60 in two days perspective.

GBPUSD
The pair is staying in range 1,7360-1,7040. Upside rebound will lead to the test of 1,7470.

USDJPY
Rise to 100,90/101,10 we suggest using to open short positions with destination target at 99,10/98,60. Only the return above 101,80 will cancel this scenario.

USDCHF
Drops to the area of 1,1380 are expected, over there we recommend opening short-term long positions with take profit order at 1,1480. Above 1,1480 possible rebound is likely to reach 1,1600/1,1620.

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