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Intra-Day USD/CHF Outlook: March 15, 2012

Published 03/15/2012, 02:22 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 retreat after extending recent upmove to a
marginal high of 0.9334 in Asia suggests choppy
sideways trading is seen ahead of European open but
reckon 0.9876/82 wud limit pullback n bring rebound
to re-test said res, break, 0.9350/60 later.
   Buy on dips with stop as indicated, below wud
risk stronger pullback twds 0.9248/50...

Range Forecast
0.9290 / 0.9320

Resistance/Support
R: 0.9334/0.9389/0.9470
S: 0.9282/0.9248/0.9228

Rate     
0.9317     

Strategy/Entry Level
Buy at 0.9285

Objective     
0.9325     

Stop-Loss
0.9265
    
Last Update At
15 Mar 2012 05:55 GMT

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