The Risk Today:
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EurUsd Positive risk sentiment continues to drive the pair higher. However failure to close above channel resistance at 1.3340/60 points to a correct toward 1.3020 trend support.

GbpUsd Positive risk sentiment (USD selling) continues to drive Sterling higher against the dollar. Next resistance at 1.4981 (intra day high), a strong push past this level would target 1.5071 via the psychological 1.5000. On the downside 1.4888 is initial resistance, while 1.4787 (5 day ma) would mark a strong support.

UsdJpy Sharp recovery from 95.63 is now focused on the psychological 100 lvl. We expect a short period of consolidation above 90.0 then a continuation of bullish momentum and a test of resistance. A break would expose 100.43 Apr 14 high. Intra-day support at 97.75.

UsdChf Despite the frequent spikes under 1.1300 the pair has been unable to close below its 200 day MA (1.1379). However failure to move above yesterday 1.1433 session high and further consolidation around 1.1370 will be a bearish signal and preparation for a move towards 1.1160 horizontal support.