USDCHF

USDCHF closed @ 10130 which was ABOVE the open and was within prior day's trading range. The High was 5 pips from Precise Trader's Res Tgt 2 and the Low was 20 pips from Precise Trader's Sup Zone 1.   The Hourly Oscillators are MIXED and the price is Within the MA, so CAUTIOUS  approach is needed. Hourly Trend is Sideways while 10035 holds and Daily Trend is also Sideways while 10340 holds, so expect the price  to be Choppy until the breakout happens.  The  Price closed exactly at the Res  Zone 1 and  the bulls were strong but gave up mildly towards the close .The  Hourly trend is in a Range Trading and expect it to be in this manner until there is a breakout, 10075-35  are the critical  levels to watch to maintain  the bullish outlook .  On the 5 min is choppy but  along the gradual Up  Channel  and  the price patterns are suggesting no clear direction until there is break .

BULLS:   10110   10075   10035       BEARS:   10175   10225   

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 @ 9190 which was BELOW the open and breached the previous day's low. The High was 15 pips from Precise Trader's Res Zone 1 and the Low was PRECISELY at Precise Trader's Sup Tgt 3.   The Hourly Oscillators are MIXED and the price is Below the MA, so CAUTIOUS  approach is needed. Hourly Trend is Sideways while 9270 holds and Daily Trend is Sideways Up while 9025 holds, so expect the price  to be Choppy until the breakout happens.  The Price closed  near the Sup U Turn  Zone 5 and  the  bears were very strong but gave up mildly towards the close .The  Hourly Trend  is in a Range Trading  expect a choppy session until the breakout, 9270-9330  are the critical  levels to watch to maintain  the bearish outlook .  On the 5 min is along the Horizontal  Channel  and  the price patterns are suggesting no clear direction until the breakout.

BULLS:   9160   9120          BEARS:   9225   9300   

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.               


USDCAD

USDCAD closed @ 10640 which was ABOVE the open and breached the previous day's high.  The High was 15 pips from 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 10555 holds and Daily Trend is also Sideways while 10875 holds, so expect the price  to be Choppy until the breakout happens.  The  Price closed above the Res  Zone 1 and  the bulls were strong but gave up mildly  towards the close .The  Hourly Trend is in a Range Trading expect a choppy session until the breakout  , 10580-20 are the critical  levels to watch to maintain  the bullish outlook .  On the 5 min is along the Up Channel  and  the price patterns are suggesting mixed until the break.

BULLS:   10575   10525          BEARS:   10725   10775   

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.