|USD-CHF @ 0.9253/56..Bullish|
R: 0.9270 / 0.9350 / 0.9400
Dollar-Swiss has risen during the day as expected and is keeping up our bullish view intact. We see good Support in 0.9220-00 region now and expect the pair to continue to trade above 0.9200. The upside is open for a rise to 0.93000-400. Dips to 0.9200 if seen can be bought once again.
We booked a profit of 30 pips from the Long position entered at 0.9225.
|GBP-USD @ 1.5475/78...Can rise to 1.5600-50|
R: 1.5500 / 1.5575 / 1.5650
Cable dipped to a low of 1.5423, but has bounced back well from there. As mentioned in our Morning comments today, the pair is not showing much downside momentum below 1.5500 and we could see a good bounce back move in the coming sessions. 1.5400 is a good Support available and while it holds, a rise to 1.5600-50 is possible in the coming sessions. We will have to wait and see.
|AUD-USD @ 0.9684/87...Immediate outlook not clear|
R: 0.9720 / 0.9800
Aussie is trading flat and is continuing to oscillate aroung 0.9700. The immediate outlook is not clear. 0.9750 (100-Week-MA) will be a key level to be watched for and it will have to be seen whether the pair manages to gain upside momentum to close above this Resistance for the week today. However while below 0.9700, a test of 0.9620-00 is possible in the coming sessions. With the immediate outlook not being clear, we prefer to stay out of the market and see how the pair closes for the week today.