|USD-CHF @ 0.9170/73...Ranged|
R: 0.9200-20 / 0.9245
Dollar-Swiss is retaining its 0.9150 on the downside and 0.9222 on the upside in which it has been trading over the last few days. The immediate outlook is continues to be mixed. Failure to rise past 0.9200, can increase the chances of seeing 0.9100-9050. We will have to wait and see.
|GBP-USD @ 1.5857/60...Support near 1.5800 holding well|
R: 1.5900-30 / 1.5950 / 1.6000
The Support near 1.5800 is holding well and the Cable has bounced back very well from its low of 1.5809. A revisit of 1.5900-50 looks likely in the coming sessions. A strong rise past 1.5950 would open doors for a test of 1.6000-50 on the upside once again. We expect the pair to continue to trade above 1.5800.
GBP 10K Long at 1.5810, SL 1.5740, TP 1.6000
|AUD-USD @ 1.0295/98...Watch Support at 1.0250|
R: 1.0350 / 1.0380-400
Aussie fell sharply from its high of 1.0356 and is trading below 1.0300. Failure to sustain above 1.0300 could keep the pair pressured on the downside. But however, it has good Support near 1.0250 which is restricting any sharp fall for some time. We will have wait and see whether this Support continues to hold or not. A break below 1.0250 will be bad and it can drag the pair further down towards 1.0180-50-30 on the downside. We will have to wait and see.