The chart above agrees with the overall view of the correction down. Long-term support lies actually much lower circa 116.00-117.00. A quick, sharp turn northwards cannot be ruled out entirely as January's monthly bias was actually long. So, for bulls... January's MoS2 and MoS3 approaching fast....

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EUR-USD Market should not go lower than 1.3808. After this move down it should go up to 1.3946 area. USD-CHF Uptrend is still intact in a triangle configuration. It should continue to rally to 1.0645 or 1.0672 if support around 1.0577 hold. After which a pullback to 1.0577 - 1.0544 zone is possible. GBP-USD...

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EUR-USD Market should not go lower than 1.3665. After this move down it should go up to 1.4084 area. USD-CHF Uptrend is still intact in a triangle configuration. It should continue to rally to 1.0759 or 1.0710 if support around 1.0539 hold. After which a pullback to 1.0539 - 1.0487 zone is possible. GBP-USD...

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EUR-USD Support at 1.3863 or 1.3624 should hold the downside for a correction to above 1.4341 zone. USD-CHF Uptrend is still intact in a triangle configuration. It should continue to rally to 1.0717 or 1.0789 if support around 1.0460 hold. After which a pullback to 1.0460 - 1.0369 zone is possible. GBP-USD...

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EUR-USD One more dip to 1.3954 - 1.3921 is likely followed by a grind higher to 1.4012 - 1.4037. After which it can resume its downtrend. USD-CHF While below 1.0539 - 1.0559 it is more likely to fall further towards 1.0500 or 1.0481. Premature rise above 1.0559 could see it rising above 1.0596 zone. GBP-USD...

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