USDCHF

USDCHF closed @ 10080 which was BELOW the open and breached the previous day's low. The High was 20 pips from Precise Trader's Res Zone 1 and the Low was PRECISELY at Precise Trader's Sup Zone 5 (U Turn Zone).   The Hourly Oscillators are Bearish but Weak and the price is Below the MA, so CAUTIOUS  approach is needed for the Bears. Hourly Trend is Sideways while 10160 holds and Daily Trend is Sideways Down while 10340 holds, so expect the price to be Choppy and Downside may be limited.  The  Price has closed  well below the Sup  Zone 1 and  the bears were holding their gains towards the close. The Hourly  trend is in a Range trading with limited downside , 10160-10205   are the critical levels to watch to maintain the bearish outlook. On the 5 min is  Choppy  but along the Horizontal  Channel  and the price patterns are suggesting  no clear direction until the break.

BULLS:   10065   10035   9980       BEARS:   10135   10205    

Conservative Traders:  SIDELINED or strictly trade only at Precise Trader's Report Levels.                

Aggressive Traders :  SIDELINED or strictly trade only at Precise Trader's Report Levels.          

      

AUDUSD

AUDUSD closed @ 9300 which was ABOVE the open and breached the previous day's high. The High was PRECISELY at Precise Trader's Res Zone 5 (U Turn Zone) and the Low was 15 pips from Precise Trader's Sup Zone 1.   The Hourly Oscillators are Bullish but Weak and the price is Above the MA, so CAUTIOUS  approach is needed for the Bulls. Hourly Trend is Sideways while 9165 holds and Daily Trend is Sideways Up while 8980 holds, so expect the price  to be Choppy with a Upside bias.   The Price has  closed  near  the Res U Turn  Zone 5 and  the bulls were holding their gains towards the close. The  Hourly is in a Range trading and 9330-45 are the immediate barriers for the bulls , the price should not trade below  9225-9165  to maintain the bullish outlook. On the 5 min is along the Up Channel  and the patterns are  suggesting  higher until it test the prior swing how of 9335 level.

BULLS:   9225   9165          BEARS:   9330   9380    

Conservative Traders:  SIDELINED or strictly trade only at Precise Trader's Report Levels.                

Aggressive Traders :  LONG near   9225   9165   with a tight stop with a 50 pips price target.       

USDCAD

USDCAD closed @ 10555 which was BELOW the open and breached the previous day's low.  The High was 5 pips from Precise Trader's Res Zone 1 and the Low was 10 pips from Precise Trader's Sup Tgt 2.   The Hourly Oscillators are Bearish but Weak and the price is Below the MA, so CAUTIOUS  approach is needed for the Bears. Hourly Trend is Sideways while 10725 holds and Daily Trend is also Sideways while 10405 holds, so expect the price to be Choppy and Downside may be limited.  The  Price has  closed  well below the Sup U Turn  Zone 5 and  bears were exceptionally strong and holding their towards  the close . The Hourly is in a Range trading with a limited downside  , the price should not trade above 10650-10725   levels to maintain the bearish outlook. On the 5 min is  choppy but along the Horizontal  Channel and the price patterns suggesting no clear direction until the breakout happens.

BULLS:   10545   10505   10425       BEARS:   10630   10670    

Conservative Traders:  SIDELINED or strictly trade only at Precise Trader's Report Levels.                

Aggressive Traders :  SIDELINED or strictly trade only at Precise Trader's Report Levels.