EURO, JAP YEN and EURO-YEN
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Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
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USD-CHF @ 1.1166/71...Resistance near 1.1200-10
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R: 1.1200-10 / 1.1250
S: 1.1120 / 1.1080
USD-CHF has had sharp rally during the day and with that it has come just below its important Resistance of 1.1200-10, which falls on a trendline on the Daily Candles joining the highs of 1.1778 (24-Oct) and 1.1641 (01-Nov). A rally above that is not expected later today, however if seen, then there could be a rally towards 1.1250 also over the next 24 hours.
On the downside the Supports are expected at 1.1120 and then at 1.1080. The bias for the pair is bullish now, and dips are likely to meet with strong buying interest. 
 


 GBP-USD @ 2.0635/40....Resistance near 2.0650-60
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R: 2.0640-50 / 2.0700
S: 2.0560 / 2.0523-00
GBP-USD has been choppy over the last few days and has been largely trading in a range of 2.0760-70 on the upside and 2.0520 on the downside. This range is likely to hold in the next few days as well, with a test of the lower end more than likely, especially since the upper end was tested yesterday and has held.

The pair has fallen during the day and is likely to extend its fall later today. The immediate Support is at 2.0560. Below this the Support is at 2.0523, the statistically projected Max Low for the day. On the upside the Resistance is at 2.0640-50 and then at 2.0700. The bias for the pair is bearish.


 
 AUD-USD @ 0.8751/55...Resistance near 0.8820-30
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R: 0.8820-30 / 0.8860
S: 0.8730-20 / 0.8680
AUD-USD has been very choppy over the last few days, trading between 0.8630-8875. Within that, it has been pressurized with selling on rallies. A closing above 0.8800 has not been seen over the last 5 days, and now that is the key important Resistance going forward. A sustained move above that is required for a bigger rally towards 0.9000+ to be seen.

For today the immediate Resistance would come in at 0.8820-30, on the trendline on the Daily Candles joining the highs of 0.9076 (14-Nov) and 0.8974 (26-Nov). The Resistance above that would be at 0.8860. On the downside the Support is at 0.8730-20, the low seen so far. Below that the Support would be at 0.8680. We are holding a long term Short position currently.

Holding (in Long-term book):
AUD 10K Short at 0.8724, SL 0.8924, TP 0.8500
 

Happy Trading!