INTRA-DAY USD/CHF OUTLOOK
Although dlr has retreated after after y'day's
rise fm 0.9078 to 0.9149 n sideways trading wud be
seen today, if our view that decline fm last wk's
0.9334 high has made a temp. low there is correct,
reckon 0.9095 wud limit pullback n yield rebound.
Still favour buying dlr on dips with stop below
said sup, break wud extend marginally to 0.9055/60.
Range Forecast
0.9095 / 0.9125
Resistance/Support
R: 0.9153/0.9179/0.9202
S: 0.9095/0.9072/0.9040
Rate
0.9106
Strategy/Entry Level
Buy at 0.9095
Objective
0.9130
Stop-Loss
0.9075
Last Update At
22 Mar 2012 02:21 GMT