R: 1.0150-75 / 1.0210-20 / 1.0240-55
S: 1.0120-00 / 1.0061 / 1.0008
Swiss has risen during the day and is now trading in the Resistance region 1.0150-75 mentioned earlier. A break above 1.0175 might take it up towards 1.0200-20 in the US session.
On the downside significant Support is seen in the region 1.0120-00, a break below which might target 1.0100 over the next few days. The overall picture continues to remain bearish.
USD 10K Short at 1.0350, TSL 1.0190, TP Open
As soon as the market trades 1.0080 bring the TSL down to 1.0155
R: 1.6300 / 1.6350-75 / 1.6475
S: 1.6180 / 1.6150-20 / 1.6050-30
The Cable has risen sharply during the day breaking above the significant Resistance at the 8-week MA (1.6170) mentioned earlier thereby increasing the chances of a trend reversal now. If the current strength on its upmove continues, we might see further rise towards 1.6350-75 which is the next significant Resistance region seen. On the downside Support is seen in the region 1.6150-20.
R: 0.9230 / 0.9259 / 0.9328
S: 0.9150-35 / 0.9100-0.9080 / 0.9050
Aussie has fallen from the day's high of 0.9227. Immediate Support is seen at 0.9150 which we might expect to hold as the overall picture continues to remain bullish. However a break below 0.9150 might pull it down towards 0.9100-0.9080. On the other hand if 0.9150 holds, we might see a rise once again towards 0.9200-30 in the US session.
AUD 10K Long at 0.9223, SL 0.9120, TP Open
AUD 10K Long at 0.9110, SL 0.8980, TP Open