USD-CHF @ 0.8907/10...Might test 0.8800-8770 on the downside
R: 0.8950 / 0.9000
S: 0.8850 / 0.8800-8770

Dollar-Swiss failed to break above 0.8950 during the day and has come off from its high of 0.8952. As mentioned in our Morning comments, this failure to rise past 0.8950 will now keep the pair pressured on the downside and the pair can now move further down to 0.8800-8770 in the coming sessions. Note that this 0.8800-8770 is a strong Support region and a further break below it is not looking likely. A fresh rally can be seen from this 0.8800-8770 Support region

 
 GBP-USD @ 1.5908/11...Might rise to 1.6000-30
R: 1.6000-30 / 1.6055
S: 1.5850 / 1.5800 / 1.5720-00

Cable has risen sharply following the data release that showed that the budget deficit has narrowed in September. The pair has risen past its 1.5880-5900 Resistance region. With good Resistance-turned-Support at 1.5850 we see good chaces of further rise to 1.6000-30. Important Resistance is seen in 1.6000-30 region and a fresh downmove is possible from this 1.6000-30 Resistance region. Only a strong break below 1.5850 now will bring back the downside pressure on the pair.
 
 AUD-USD @ 1.0295/98...Stay away
R: 1.0300 / 1.0350 / 1.0370-400
S: 1.0200 / 1.0120-00

Aussie is ranged between 1.0200-300. We will have to see whether it can gain upside momentum to rise past 1.0300 this time. Howeve, the broader bearish outlook remains intact. Even a strong rise past 1.0300 can find further Resistance Resistance near 1.0350 and then 1.0370-0400 region. On the downside 1.0120-00 will be a significant Support region to be watched and a strong break below it can trigger a fresh fall going forward. We would prefer to stay out of the market.

Happy Trading!