USD-CHF @ 1.0270/74...Support at 1.0215-00 may be tested
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R: 1.0320 / 1.0356
S: 1.0250-33-16 / 1.0177
The Resistance at 1.0350 held and the market has come off sharply during the day. A further fall towards 1.0250-15 is likely. Thereafter, the strength of the Support at 1.0200 will come into play/ focus. If the Support breaks, we would likely see a test of 1.0177, the projected Max Low for the day. Such a fall might be quite bearish going forward.
GBP-USD @ 1.9816/19...Holding Long
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R: 1.9850-78 / 1.9910
S: 1.9766-50 / 1.9710
The Cable has started moving up again after dipping to 1.9755. Looking for a rise towards 1.9850-80 in the US session. A fall below 1.9750 (if seen) could take the market down towards 1.9710.
Holding:
GBP 10K Long at 1.9823, SL 1.9740 (up from 1.9733), TP 1.9925.
AUD-USD @ 0.9610/14...Bullish, Supported at 0.9550
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R: 0.9650
S: 0.9550
The Support at 0.9550 has held during the day and the Aussie is now headed up towards 0.9650. If the rise is sustained (it well might), the market may well acquire further bullishness, targeting 0.9750 and higher. At the least, we may look for a range of 0.9650-9550 to hold through Monday as well.
Happy Trading!