Windsor Brokers Ltd

EURUSD
Snaps back under psychological 1.6000 level after posting fresh record high on Tuesday at 1.6020. Latest breach of Tuesday's 1.5835 higher low, near 61.8% of 1.5711/1.6020 upleg, risks 1.5792, 21 Apr low, near 3-week bull trendline, next. Recovery now seeks a lower top towards 1.5915/40, while losing 1.5792 highlighting possible 4-week rising wedge breakout.
Res: 1.5897, 1.5915, 1.5945, 1.5957
Sup: 1.5792, 1.5751, 1.5711, 1.5695

USDJPY
Firming off Tuesday's decline at 102.67 as short-term bulls retain grip above last Friday's bullish candle low of 102.25. Further lift above Monday's 104.07 weekly high reinstates bulls for a 104.66 high retest while rising 10-day MA beckons. Overbought 14-day RSI at historical 60% readings, however, may otherwise warn stalling and below 102.25 risks 100.03 pullback.
Res: 103.79, 104.07, 104.66, 104.95
Sup: 103.22, 102.98, 102.64, 102.55

GBPUSD
Subjects to more volatile trading as 14-day RSI negative reversal signal weighs on downside with its projection of 1.9594 zone and also rejections at Mon/Tue 2.0029/1.9999 highs. However, a fresh bounce is seen ahead of 1.9745 low, while hourly RSI positive reversal concurs with a projection of 2.0030 area. Look for a rise above 1.9867 to elevate the pair towards 1.9975.
Res: 1.9820, 1.9832, 1.9867, 1.9895
Sup: 1.9772, 1.9740, 1.9722, 1.9707

USDCHF
Surges off Tuesday's 0.9997 decline, completing prior 5-wave hourly downswing from 1.0285, 18 Apr high. This continues to highlight a possible expanded flat consolidation with further lift above Monday's 1.0206 weekly high reopening key 1.0285. Meantime, Wednesday's bull engulfing candle beckons and dip seeks a swing low over 1.0023/20.
Res: 1.0206, 1.0250, 1.0285, 1.0315
Sup: 1.0132, 1.0120, 1.0073, 1.0065