USD-CHF @ 1.1358/61...Bearish
R: 1.1481 / 1.1520-40 / 1.1604 S: 1.1350-40 / 1.1300-280 / 1.1182
As expected, Dollar-Swiss moved down to touch a low of 1.1351 in the Asian and the European session today. We may see the pair take some Support near 1.1340-50 in the US session today.
If the pair breaks below 1.1340, it may see a dip towards 1.1250-00 in the coming sessions over today and tomorrow. However, in case it honours the Support at 1.1350, a rise towards 1.1450 may be seen, though we see less chances of an immediate rally on the pair.
In the longer term, we continue to hold our view of a rise on the pair towards 1.19-20.
GBP-USD @ 1.4777/80...Buy dips
R: 1.4800 / 1.4850-65 / 1.4900 S: 1.4675 / 1.4620-10 / 1.4550
Cable has rallied in the European session today. It may now rise towards 1.4800-50 (even 1.4900) in the coming sessions over today and tomorrow. There is a possibility that the rise towards 1.4800 may not be smooth; and we would like to use the dips (during this rally) as a buying opportunity, as against panicking and selling.
AUD-USD @ 0.8635/38...Bullish
R: 0.8660-80 / 0.8720 / 0.8800 S: 0.8600 / 0.8570-50 / 0.8400
As expected, Aussie moved up in the Asian and the European session today. The pair is currently in a Resistance region of 0.8600-700 and may move up towards 0.8900 on a strong break above 0.8675-8700 in the US session today. A failure to break above 0.8700 may bring it down towards 0.8500 in the next couple of days, though we see less chances of an immediate fall on the pair. Happy Trading!