👀 Copy Legendary Investors' Portfolios in One ClickCopy For Free

INTRA-DAY USD/CHF OUTLOOK

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

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

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.