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Intra-Day USD/CHF Outlook: March 12, 2012

Published 03/12/2012, 05:41 AM
Updated 01/01/2017, 02:20 AM
USD/CHF
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MAR
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INTRA-DAY USD/CHF OUTLOOK

   Although dlr has retreated after extending rise
fm 0.8932 to 0.9218/19 n minor consolidation wud be
seen, pullback wud be ltd to 0.9145/50 n yield re-
sumption of upmove for re-test of said res, abv wud
extend gain twds 0.9238 later.
   Buy on dips for 0.9200 1st, stop as indicated,
below wud signal intra-day top is made, 0.9124.

Range Forecast
0.9170 / 0.9200

Resistance/Support
R: 0.9218/0.9238/0.9263
S: 0.9158/0.9124/0.9110

Rate     
0.9180     

Strategy/Entry Level
Buy at 0.9165

Objective     
0.9200     

Stop-Loss
0.9145
    
Last Update At
12 Mar 2012 09:27 GMT

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