|USD-CHF @ 0.9570/73... Bearish|
|R: 0.9600 / 0.9700 / 0.9760|
S: 0.9565 / 0.9460 /The pair as mentioned in the morning headed up towards 0.9700 but turned down mid way and now is moving lower targeting 0.9500 in the coming days. The pair looks weak but has found support near its 100 EMA which currently stands at 0.9565 and can see a bounce to 0.9600. The bigger picture is that the pair is bearish and can continue it journey south, on the upside it has good resistance at 0.9610-20 and further at 0.9700 which is expected to limit the pair's upside.
|GBP-USD @ 1.5793/95 Bullish|
|R: 1.5800 / 1.5900|
S: 1.5765-50 / 1.5700 / 1.5640The pair dipped in the afternoon towards 1.5765 which is a Fibonacci support on the daily charts and has bounced back since and looks good to rise towards its target of 1.5900 in the coming days. On the down side it has good support at 1.5765 which is a Fibonacci on the daily charts also the presence of its 200 EMA at 1.5750 adds strength to the down side support and is expected to limit the pairs down side.
|AUD-USD @ 1.0375/78... Bearish targeting 1.0300|
|R: 1.0400 / 1.0430 /|
S: 1.0345 / 1.0300 / 1.0230The pair throughout the day continued moving up towards its resistance of 1.0400 and made a high at 1.0387 where it took resistance and has retreated. We can expect it to move lower targeting 1.0300 which if broken can open doors for a further down side towards 1.0230 in the coming days. On the upside it has good resistance at 1.0400 which if crossed can take the pair towards 1.0430 which is also a resistance on the upside. The pair does look weak and can fall soon.
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