USD-CHF @ 1.0728/32...Holding Short
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R: 1.0836-59 / 1.0867 / 1.0927
S: 1.0660 / 1.0598 / 1.0527
Dollar-Swiss has fallen sharply during the day and dipped below the Support region of 1.0800-1.0750 that we have been eyeing. There's a small Support near 1.0700 immediately and then at 1.0660. The longer term target of 1.05 on the pair holds good. On an upside, it could next target the Support-turned-Resistance at 1.0800.

Holding:
USD 10K Short at 1.0770, SL 1.0820 (down from 1.0870), TP Open (changed from 1.0680)
 


GBP-USD @ 1.6136/38...Could surge substantially
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R: 1.6440 / 1.6567-78
S: 1.5985-62 / 1.5924 / 1.5781
Cable has surged as Dollar weakened across the board. as it now targets 1.6440 over the longer time frame. Now, Cable has good Support at the Resistance-turned-Support at 1.6080-6100 for today. There are now hardly any chance of a dip towards 1.56-1.57 over the next few days. But if it is seen, it shall be very surprising. Beyond, the Support at 1.6080-6100, a dip could be contained near 1.5905 for the day.

Limit Buy Order:
Buy GBP 10K at 1.6100, SL 1.6018, TP Open

 
 AUD-USD @ 0.7970/74...Holding Short
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R: 0.8159-79 / 0.8400
S: 0.7950 / 0.7868-46 / 0.7771
Aussie has surged past the Resistance at 0.7950 and is now likely to target 0.8120 over the next few days. A rise past 0.8120 would next target 0.8179. We would prefer a dip from 0.8120 towards 0.80 which would provide a good opportunity to go Long for a big rise past 0.84 over a longer time frame. We are now holding a Short in Aussie which is very likely to get stopped out sooner rather than later.

Holding:
AUD 10K Short at 0.7930, SL 0.8000 or 0.7950 which ever is seen first.


Happy Trading!