USD-CHF @ 1.1238/44...Ranged till flag holds
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R: 1.1267 / 1.1340-60 / 1.1496
S: 1.1167 / 1.1097 / 1.0986
Dollar-Swiss has remained within the range. A dip was contained near 1.1195. The Support at 1.1165 having held so strongly makes us continue to retain the Limit Buy Order for a rise towards 1.1300. The flattened 100-MA on the hourly suggests it could be ranged between 1.1165-1.1340-60 over the US session and also possibly tomorrow. The resolution of the Flag formation on the daily candle charts may be away over couple of days during which the range is likely to hold. To see the chart of Swiss, click on: http://www.kshitij.com/graphgallery/chfcandle.shtml#candle

Limit Buy Order:
Buy USD 10K at 1.1175, SL 1.1150, TP 1.1300
 
 
GBP-USD @ 1.4565/69...Supported at 1.4511
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R: 1.4580 / 1.4642-50 / 1.4801
S: 1.4511 / 1.4437 / 1.4368
Cable dipped towards 1.4520 during the day and is likely to trade between the narrow range of 1.4437-1.4650. A broader range of 1.4511-1.4750 could be seen on a break of this range. A rise past 1.4850 over a longer term may see it move towards 1.5050. The flattened 100-MA on the hourly suggests the ranged move. But the daily charts also suggest that the pair may have peaked out for the medium term and could possibly be starting a fresh journey downwards. We shall have to see as it can move either ways. To see the chart of Cable, click on: http://www.kshitij.com/graphgallery/gbpcandle.shtml#candle


 
 AUD-USD @ 0.7037/40...May attempt 0.7080
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R: 0.7080 / 0.7114 / 0.7200
S: 0.6987-80 / 0.6881-77 / 0.6776-50
Aussie traded between 0.6980-0.7037 during the day. A dip is likely to be contained near 0.6980-0.7000 for the US session today. It looks well set to reattempt the breach of 0.7080 during the US session and if successful, it may make further rush towards 0.7200 over today/ tomorrow. But for today, a dip towards 0.6980 could be bought with a strict Stop.

Possibly 0.6881 could be eyed as a Medium term Support for Aussie on the back of which it could continue to rise towards 0.7500 (200-day MA). But by the time, the pair rises there, the Moving Average could possibly come down towards 0.7450-00.

Happy Trading!