SwissUSD-CHF @ 0.9492/95...Can dip to 0.9400 while below 0.9500

R: 0.9500-20 / 0.9545 / 0.9600
S: 0.9460-50 / 0.9400 / 0.9350

Dollar-Swiss is getting Support near 0.9465. But at the same time it is not gaining strength to see a strong rise past 0.9500. Failure to see a strong rise past 0.9500 is keeping alive the chances of seeing 0.9400 on the downside. The bigger picture is bullish with strong Support in the broad 0.9400-300 region and we will be looking buy on dips to this 0.9400-300 Support region.

Holding:
USD 10K Short at 0.9468, SL 0.9545, TP 0.9445
As soon as the market trades 0.9455 bring SL down to 0.9490 and as soon as the market trades 0.9450 there after trail SL to 0.9465.

Limit Buy Order:
Buy USD 10K at 0.9400, SL 0.9320, TP 0.9575
Buy USD 10K at 0.9350, SL 0.9280, TP Open

CableGBP-USD @ 1.5465/68...Ranged

R: 1.5500 / 1.5500-70 / 1.5650-70
S: 1.5450 / 1.5400 / 1.5350

Cable is ranged between 1.5450-5500 within its overall 1.5350-5800 sideways range. With Support at 1.5450 continuing to hold, we expect the pair to rise towards 1.5550-600 in the coming sessions. Also while above 1.5450, a rise to 1.5650-700 cannot be ruled out.

Holding:
GBP 10K Long at 1.5478, SL 1.5390, TP 1.5575
As soon as the market trades 1.5500 bring SL up to 1.5415 and as soon as the market trades 1.5525 there after trail SL to 1.5483

AussieAUD-USD @ 1.0321/24...Can test 1.0380-0400 Resistance region

R: 1.0350 / 1.0380-400
S: 1.0280 / 1.0245

Aussie has risen well above 1.0300 and is keeping up our bullish view intact for a test of its important 1.0380-0400 Resistance region once again. As mentioned in our Morning comments, whether 1.0380-0400 Resistance region breaks or holds will determine the further direction of move. We will have to wait and see what happens.

Holding:
AUD 10k Long at 1.0296, SL 1.0255 (up from 1.0235), TP 1.0375
As soon as the market trades 1.0345 trail SL to 1.0298 and as soon as the market trades 1.0355 bring TSL up to 1.0320
Happy Trading!