EUR/USD: Coiling efforts around 38.2% retracement continue. While below 1.3658 trendline resistance, risk remains lower to 1.3244.

USD/JPY: Breakout above 83.69/75 chart/78.6% retracement resistance sets up for further risk higher to probe 84.52 high.

GBP/USD: Channel breakout yesterday results in probe of long-term downward trendline spanning from the August 2009 high. Risk is for re-test of the 1.6280 high.

USD/CHF: Market breaks through near-term upward trendline and looks set to test 38.2% retracement. Corrective risk is back to .9552/24, but broader basing still under way.

USD/CAD: Market respecting .9835/31 support lows. While below .9905 resistance, pressure will remain lower to .9711 support.