Euro, Pound Broke Daily Longs Into Next Setup. Yen In Short.

Euro: On the daily, the euro broke its daily setup and daily extension long into the next traditional long at 1.45469. The line in the sand is at 1.4454. The extension short is at 1.463.

On the 15 min chart, the extension short is clear.

Pound: On the daily, the pound broke its daily longs and is close to its next traditional long setup with a 50% at 1.63399. The traditional 50% short is at 1.65495, with a target at 1.6244.

Yen: On the daily, the yen continues in its steady downward measured moves. Currently in an extension short at 80.589, with a target at 79.09. The yen is already below previous lows of the range it has been in since November 2010. All time low is at 76.359. Previous day high and low at 79.761 may act as some support.