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INTRA-DAY USD/CHF OUTLOOK

Published 03/08/2012, 02:23 AM
Updated 01/01/2017, 02:20 AM
USD/CHF
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MAR
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INTRA-DAY USD/CHF OUTLOOK

  Dlr's breach of y'day's 0.9158 low confirms near
term decline fm y'day's high of 0.9201 to retrace
upmove fm Feb's low of 0.8932 has resumed n further
weakness to 0.9128/35 is likely, however, o/sold
condition shud limit fall to 0.9107 sup.
  Trade fm short side with stop as indicated n only
abv 0.9201 res wud extend gain twd 0.9229.

Range Forecast
0.9135 / 0.9165

Resistance/Support
R: 0.9177/0.9201/0.9229
S: 0.9128/0.9107/0.9072

Rate     Position
0.9151     Short at 0.9170

Strategy/Entry Level
Hold short

Objective     
0.9135     

Stop-Loss
0.9170
    
Last Update At
08 Mar 2012 07:21 GMT

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