Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

Intra-Day USD/CHF Outlook: March 21, 2012

Published 03/21/2012, 02:50 AM
Updated 01/01/2017, 02:20 AM
USD/CHF
-
MAR
-

INTRA-DAY USD/CHF OUTLOOK

   Although dlr has recovered after brief breach of
Mon's low of 0.9093 to 0.9082/83, as long as 0.9120
/25 holds, decline fm last week's high of 0.9334 to
retrace rise fm Feb's 0.8932 low wud extend to 0.90
72 daily sup b4 rebound due to loss of momentum.
   Sell on pullback with stop as indicated, break
wud signal temp. low is made n risk 0.9153 res.

Range Forecast
0.9082 / 0.9105

Resistance/Support
R: 0.9153/0.9179/0.9202
S: 0.9072/0.9040/0.9022

Rate     
0.9091     

Strategy/Entry Level
Sell at 0.9105

Objective     
0.9075     

Stop-Loss
0.9125
    
Last Update At
21 Mar 2012 06:10 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.