We have banking holiday today (Martin Luther King Jr. Day) in the US what typically mute the market. Since the heavy sell off last wednesday the Dollar has had a smallish relief rally keeping some currency pairs just below their big resistance levels respective above supports.
EURUSD -- 1.1424
The medium to long term downtrend starting from 26may21 is under threat. For now the descending trendline has hold but a sustainable break can lift the pair much higher. From a chart perspective there are apart from the psychologically important 1.15 treshold no more levels before 1.1692 (interims high) and 1.1730 (200 dma). The next supports come in at 1.1400 (low of today) and 1.1381 (50 ema). Below the latter the Dollar sell off could be over again.
GBPUSD -- 1.3684
As mentioned in the last update Sterling looked stretched and for now the 200 dma resistance has hold. Nevertheless I am not sure if the upward pressure is over yet. So keep stops tight if you try shorts. The upper descending trend line from the downward channel should support the pair (ard 1.3595 today) first.
USDCHF -- 0.9130
This very early morning (2 am UTC+1) the pair traded to a high of 0.9159 just ahead of the 200 dma (0.9165) and ascending green trendline. Unfortunately I was sleeping at the time but that was a nice level to short the currency pair. At time of writing the Dollar trades just in the middle of nowhere against the Swiss Franc between the 0.9085 support and the described upside levels.
Good luck,
Sebbo