EUR/CHF, EUR/CAD, EUR/GBP and EUR/NZD.

EUR/CHF
From 1.0700 close, broke major supports at 1.0712 and 1.0708. Higher for EUR/CHF must break both to then head to uptrend lines at 1.0743 and 1.0747. Downtrend lines begin at 1.0681 and 1.0668. Currently overbought. Main drivers are 10 and 20 day averages at 1.0655 and 1.0654. Strategy, shorts below 1.0708 and 1.0712.
EUR/CAD
From 1.4211 close, main break points are located below at 1.4093, 1.4080 and 1.4037. Uptrend begins at 1.4202 while downtrend lines start at 1.3985 and 1.3957. Main drivers are 10 and 20 day averages at 1.3961 and 1.3929. Currently overbought yet 1.4202 must break to begin downside.
EUR/GBP
From 0.8632 close, EUR/GBP remains a troubled troubled currency pair. Major break points are located below at 0.8554 and 0.8536. Main drivers are 10 and 20 day averages, both at 0.8516 and overbought. Good targets 0.8581 to 0.8577. Lower must first break 0.8598.
EUR/NZD
From close 1.5104, major break points located below at 1.4916 and 1.4907. Uptrend lines begin at 1.5028 and 1.5018. Both must break to head lower. Break at 1.4907 then next targets are downtrend lines at 1.4804 and 1.4796. Main drivers are 10, 20 and 50 day averages. Currently 20 and 50 day at 1.4768 and 1.4781 are severely overbought. Short is the way for EUR/NZD.
Brian Twomey, Inside the Currency Market, btwomey.com

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