USD-CHF @ 1.0391/95...Resistances overhead.
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R: 1.0432 / 1.0458-74 / 1.0500
S: 1.0398-91 / 1.0327-09
Strong rise in Dollar-Swiss during the day, further aided by the stronger than expected US Durable Goods. But, Resistance at 1.0432 is holding for now, being near the projected Max High on the 3-day chart. In case this Resistance breaks later on, a further rise towards 1.0500 might take place. Before that, however, there is Resistance at 1.0458, the projected Max High on the Weekly Chart.
GBP-USD @ 1.9740/44...Vulnerable to a fall
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R: 1.9790 / 1.9850
S: 1.9709-04 / 1.9660-50 / 1.9613
The Pound is looking particulary vulnerable to a fall, initially towards 1.9650, the projected Max Low for the Day. But, that Support is also liable to break, leading to a possible fall towards 1.9565. A rise past 1.9850 is now needed to negate the chances of a fall.
Limit Sell Order:
Sell GBP 10K at 1.9780, SL 1.9870, TP 1.9575
AUD-USD @ 0.9585/88...Oblivious to the world
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R: 0.9640-50
S: 0.9560-50 / 0.9500
Oblivious to the world, the Aussie continues to trade sideways between 0.9550-9650. But while capped below 0.9650, it could be vulnerable to a dip towards 0.9500.
Happy Trading!