USD-CHF @ 1.0819/22...Ranged
R: 1.0853-59 / 1.0920 / 1.0952-72
S: 1.0815-05 / 1.0750-49 / 1.0650
Dollar-Swiss has fallen after rising towards 1.0890 even before the Resistance at 1.0910-20 could be tested. We would retain the Limit Order in case it moves up during the US session. As it is ranged, and having come down from near the top of the range, it could possibly move towards the bottom of the range at 1.0750 during the US session. And till it trades ranged, one may trade the range.

Limit Sell Order:
Sell USD 10K at 1.0910, SL 1.0960, TP Open
 

GBP/USD @1.6113/15...May test 21-MA Support turned Resistance
R:1.6158 / 1.6211 / 1.6273
S:1.6100-6090 / 1.6000-1.5977/ 1.5919
Cable has risen after making a low of 1.6034 but is expected to dip once again and test channel Support (the range for the channel being 1.6000-1.6780) after testing 21-MA (1.6182) Resistance on 4H chart. If this channel Support holds, the pair may see a rise towards 21-MA (1.6182) Resistance on 4H chart and further rise may take this pair to (1.6333) 200-MA on 4 hour chart. Else, a break below channel Support may lead this to test 55-DMA (1.5918) Support as we said in the morning.

 
 AUD-USD @ 0.7761/63...Medium term channel Support may hold
R: 0.7768 / 0.7794 / 0.7857
S: 0.7700 / 0.7667
Aussie has tested medium term channel Support range (0.7700-0.8100) and risen. Now it seems that pair may move upwards within the channel but it may test medium term channel Support once again before continuing its upside movement.if Support holds, the pair maay see a further rise towards 55-DMA (0.7814) Resistance over next few days while in case of a downside break below the medium term channel Support this pair may fall to 100-DMA (0.7383) over next few days.


Happy Trading