SwissUSD-CHF @ 0.9491/94...Watch Resistance near 0.9520

R: 0.9520-25 / 0.9590-600
S: 0.9400 / 0.9350/ 0.9300

Dollar-Swiss has risen further as expected and is keeping up our bullish view intact. However, important Resistance is seen in 0.9520-25 region which if holds can trigger a pull back to 0.9400 in the coming sessions. On the other hand a strong break above this 0.9520-25 can take the pair further up towards 0.9600. The broader picture is bullish. However, we expect this Resistance in 0.9520-25 region to hold in its first test.

We booked a profit of 60 pips from the Long position entered at 0.9315.

CableGBP-USD @ 1.5519/22...Can fall to 1.5450-00

R: 1.5550-70 / 1.5600 / 1.5650-70
S: 1.5500 / 1.5450 / 1.5400

Cable has fallen below the 21-DMA (currently at 1.5569). A further fall to 1.5450-00 looks likely now. Any bounce back move from current levels is expected to find Resistance in 1.5550-70 region. Small rallies to this Resistance region can be sold for a fall to 1.5450-00.

Limit Sell Order:
Sell GBP 10K at 1.5565, SL 1.5645, TP 1.5435

AussieAUD-USD @ 1.0263/66...Can test 1.0200 on the downside.

R: 1.0300-20 / 1.0375
S: 1.0250 / 1.0200

Aussie has dipped below 1.0300. The overall picture looks weak and a further dip to 1.0200 is possible now. A further break below 1.0200 will be bad and it can drag it further down to 1.0100-0080. On the upside Resistance is seen in 1.0300-20 region and a bounce back to this Resistance region can be sold.

Limit Sell Order:
Sell AUD 10K at 1.0295, SL 1.0365, TP 1.0225.

Happy Trading!