SwissUSD-CHF @ 1.0072/75...Holding Short. Tighten Stop.

R: 1.0101-13 / 1.0134-35 / 1.0184-93
S: 1.0031 / 0.9928 / 0.9886

Dollar-Swiss did correct towards 1.0122 during the day beyond the Resistance zone indicated in the morning. It has however come down now after the second level Resistance of 1.0121-34 held on. It can now come down further towards the Projected Max Low for the day at 1.0031 during the US session as was mentioned in the morning.Holding:
USD 10K Short at 1.0100, SL 1.0115 (down from 1.0160), TP Open

CableGBP-USD @ 1.6562/67...Holding Long.

R: 1.6569 / 1.6613 / 1.6658
S: 1.6499 / 1.6465-45 / 1.6352-47

Cable fell towards 1.6487 during the day and has bounced a little since then. We expect it to rise having done with 50% correction of the rally from 1.6328 (21-Oct) to 1.6636 (22-Oct). If it were to fall further, the Projected Max Low for the day is at 1.6465 and 21-SMA on the 4H at 1.6450. The overall view remains the same and is being reiterated below:

Expect this Resistance at 1.6638 to break over today/ tomorrow and the pair to then surge towards 1.6825 over the next few days. It is likely to consolidate after reaching the target of 1.68.

Holding:
GBP 10K Long at 1.6550, SL 1.6485, TP 1.6750
As soon as market trades 1.6635, bring SL up to 1.6560

AussieAUD-USD @ 0.9232/34...Support at 0.9209 spiked.

R: 0.9243-48 / 0.9301 / 0.9363
S: 0.9205-9182 / 0.9145-24 / 0.8969-50

Aussie has bounced back after falling towards 0.9184 and has taken Support at the Projected Max Low for the day. It has in the process broken below the Support of 21-MA on the 8H that we have been mentioning. It has also broken below the 8-DMA at 0.9209. Further correction is likely to be contained near 0.9129. Overall bullishness is still intact. Only that a sharp rise in not expected but a sluggish rise towards 0.94 and 0.95 over the next few days.

Limit Buy Order:

Buy AUD 10K at 0.9135, SL 0.9085, TP Open