R: 1.0200 / 1.0250-70 / 1.0330-60
S: 1.0125-00 / 1.0050 / 1.00
Swiss is once again tested 1.0200 and is now trading near 1.0200. As metioned earlier a strong break above 1.0200 might take it up towards the next significant Resistance seen in 1.0250-70 region. As the broader picture remains bearish we expect this Resistance region 1.0250-70 to hold in the US session today. Note that the projected Max-High for the day is 1.0255. On the downside Support is seen in 1.0125-00 region which is holding since the Friday's fall. A break below 1.0100 might see 1.0050-30 on the downside.
Limit Sell Order:
Sell USD 10K at 1.0260, SL 1.0340, TP Open