FX Technical Levels

EURUSD Key directional triggers are located at 1.3074, the Feb 2 high and 1.2865, the Jan 12 low.
Initial support however this morning lies at 1.2911 and with the Euro firmer, be on the lookout for a clear break of 1.3074.
This would signal scope for stronger intraday gains.

USDCHF recent sell-off from trend high resistance at 1.2575 was sharp, but so far it's holding above the 1.2376 reaction low from January 23.
Only a break there would damage the case for a continuance of a broader bull trend.
Monday's 1.2519 marks resistance for the short run.

GBPUSD formed resistance at 1.9749 Friday, and only a move above there would reinstate a bullish theme. Last week's 1.9482 marks key support.

USDJPY downward pressure from last week's 122.20 trend high is showing signs of subsiding, but it will take a rise above the 121.34 to 121.37 area to reasonably confirm a return of the broader bull trend.
The first level marks the 0.618 retracement of the 122.20-119.96 decline. The second level is the most prominent reaction high recorded (last Friday) so far since the 122.20 high. On the downside, support has been defined at 119.96, Tuesday's low.

AUDUSD maintains a corrective tone from support at last week's 0.7697 low, with potential toward 0.7847. This level marks the .618 retracement of the most recent leg down from 0.7940 to 0.7697.

USDCAD bull trend keeps its focus on 1.1888. There, the rise from the 1.1029 early-September low would equal 1.618 of the preceding advance from 1.0929 to 1.1460. Only a break of the 1.1737 to 1.1731 congestion zone would jeopardize the underlying bull trend.