EURUSD is now testing a 12 months low.

	EURUSD	H4
Resistance	1.3142	1.3156	1.3168
Support	1.3115	1.3103	1.3089
Primary Scenario	EURUSD is now testing a 12 months low. A successful violation of the support at 1.3115, will push prices to drop further towards the supports 1.3103 and 1.3089.
Alternative Scenario	A failed attempt to move lower, might bounce the rate up to the daily pivot and moreover to the resistance level at 1.3142.

	GBPUSD	H4
Resistance	1.6637	1.6669	1.6695
Support	1.6579	1.6553	1.6522
Primary Scenario	The pair topped up at R1, before closing below the daily pivot (1.6611). A sustained trading below this level, is exposing further drop of the exchange rate. If GBPUSD achieves to breach the support at 1.6579, the next support is seen at 1.6553.
Alternative Scenario	A surge of the market will lead the pair to reach the daily pivot and further up at 1.6637.

	USDCHF	H4
Resistance	0.9202	0.9210	0.9223
Support	0.9181	0.9168	0.9160
Primary Scenario	USDCHF is now flirting with a fresh high. A successful attempt to surpass this level (0.9202), will trigger the market to target the resistance at 0.9210 and then higher at 0.9223.
Alternative Scenario	A comeback of the currency rate, will bring the market to a correction phase, down to the daily pivot at 0.9189 and even lower to 0.9181.

	USDJPY	H4
Resistance	104.85	105.15	105.44
Support	104.48	104.19	103.93
Primary Scenario	The pair jumped to the new year’s high at 104.86. If the pair manages to extend its uptrend, it will fuel the market further towards the resistance at 105.15 and then higher at 105.44.
Alternative Scenario	A reversal back, might push prices to correct down to the forthcoming support at 104.48. RSI oscillator supports this scenario.

	AUDUSD	H4
Resistance	0.9347	0.9363	0.9376
Support	0.9318	0.9305	0.9289
Primary Scenario	AUDUSD turned sharply bearish and tested the support at 0.9289. Further drop of the market, will lead the exchange rate to the next target at 0.9275.
Alternative Scenario	A higher thrust of the market, will lift the rate to test the resistance at 0.9305.