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The Swissie managed to close below the 100-week SMA for the first time since January, and if we see a follow-through this week, it will be the first time since April 2012 that the pair has been below for more than a week. Daily, the pair again close below the 200-day SMA on Friday after a rejection of the 50-day SMA and a close above the 61.8% Fibo retracement in the recent wave. Currently, the pair is testing the 76.4% retracement at 0.9280, where a close below would give scope for a longer move towards wave support at 0.9130. Daily support levels, however, at 0.9250, 0.9230 and 0.9205. For the pair to re-gain upside momentum, we need a close back above the 200-day SMA.