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

EURUSD
Breach of the 1,3750 will lead to the test of 1,3780/90. Over there we expect a consolidation and the pair may enter into the sideways trend limited by 1,3770-1,3860. Until the rate stays below 1,3750 range of trading is seen between 1,3590-1,3750.

GBPUSD
Rise to 1,7410/30 we suggest using to open short positions. Destination target for the expected drops we assess for 1,7070. Only the rebound above 1,7525 will cancel this scenario.

USDJPY
The level of 101,10/20 should be used to open short positions with take profit orders at 98,80. Only the retreat above 102,00 can delay this scenario.

USDCHF
Range of trading is seen between 1,1190-1,1345. Above 1,1345 the next significant resistance level is set at 1,1530/40.

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