USD-CHF @ 1.1289/92...Ranged
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R: 1.1360 / 1.1440-45 / 1.1474
S: 1.1167-57 / 1.0986
Dollar-Swiss has traded within the range of 1.1165-1.1360 mentioned in the morning. However, during the day, the pair dipped after trading consistently above 1.13 for major part of the day and looks well set to dip towards the lower end of the range now. Possibly, the Support at the lower end of the range would hold on for the US session as well. It is now trading in the middle of the range mentioned and could provide adequate cushion on either side after the Durable Godds data release today.

However, if it were to break past the range, we may either see a dip towards 1.10 or a rise towards 1.1440 with more chances of a dip than of a rise. To see the chart of Swiss, click on: http://www.kshitij.com/graphgallery/chfmth.shtml#mth
 
 
GBP-USD @ 1.4561/64...Breaks out on downside
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R: 1.4640 / 1.4857 / 1.5050
S: 1.4441 / 1.4376 / 1.4296
Cable has broken below the range during the day. Does this signal the end of the rally being seen over the last several days. If yes, the dip towards 1.43 initially over the next few days is not ruled out and immediately towards 1.4440. Or if there is still some juice left in this rally, a rise towards 1.5050 could be seen over the next few days. But for that it will have to rise past the 1.4850 mark where we see some good Resistance building up. This also is the Projected Max High for the day. To see the chart of Cable, click on: http://www.kshitij.com/graphgallery/gbpcandle.shtml#candle


 
 AUD-USD @ 0.6961/64...Resistance at 0.7000
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R: 0.7000-05 / 0.7080 / 0.7200
S: 0.6849 / 0.6767 / 0.6700
Aussie has found Support near 0.6900 during the day as the range of 0.6881-0.7080 continued to hold good. The view continues to be the same. A rise past 0.7005 may next surge towards 0.7080. The markets might be awaiting another trigger which could make the pair rise towards 0.7200. A rise past 0.7080 would next look to rise towards this level we have been eyeing for sometime. Would the economic data release over the next three days be that trigger will have to be seen else it would continue to be ranged. To see the chart of Aussie, click on: http://www.kshitij.com/graphgallery/audcandle.shtml#candle

Happy Trading!