USD-CHF @ 1.1629/33...Resistance region 1.1660-84
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R: 1.1660-84 / 1.1807 / 1.1883
S: 1.1566 / 1.1454 / 1.1395
Dollar-Swiss has managed to stay above the 1.1530-40 Support as can be seen on the daily charts and has been trading higher, within the channel. The Support at 100-day MA continued to hold good as the pair now looks well set to enter the Resistance region of 1.1660-84 during the US session. Let's see if it is able to rise past this Resistance region which could see the pair once again inching towards another trendline Resistance at 1.18. To see the chart of Swiss, click on: http://www.kshitij.com/graphgallery/chfcandle.shtml#candle
 
 
GBP-USD @ 1.3840/43...Support at 1.3750
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R: 1.4086 / 1.4149 / 1.4204-27
S: 1.3840 / 1.3800 / 1.3750
Cable has fallen sharply on news UK Govt having upped their stake in Lloyds Bank from 43% to 75% acquiring controlling stake in the financial major and in the process have broken past the trednline Support we have been eyeing. It is testing an important Support region of 1.3860-40. Beyond that a Long Term trendline Support at 1.3750 can be sighted on the monthly chart of Cable. To see the monthly chart of Cable, click on: http://www.kshitij.com/graphgallery/gbpmth.shtml#mth

Beyond that the Lows of January 2009 at 1.3500 can be seen as another Long Term Support for the pair. Cable continues to be in a bearish mode on the longer term charts. However if the Support in the region of 1.3860-40 is strong enough, Cable can again see a pull back towards 1.43 levels.


 
 AUD-USD @ 0.6354/58...21-day MA - Good Resistance
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R: 0.6430 / 0.6488
S: 0.6316 / 0.5994
Aussie continies to be pressured by the 21-day MA. As mentioned in the morning, a rise towards 0.6460 can be sold, we continue to reiterate the same. The range is expected to be between 0.6285-0.6500 during the US session.

Over a longer term though, we might see some bullishness and a rise past 0.66 could take the pair towards 0.70 over the next few days.

Happy Trading!