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Intra-Day USD/CHF Outlook: March 22, 2102

Published 03/22/2012, 12:30 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 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     
0.9110     

Strategy/Entry Level
Buy at 0.9100

Objective     
0.9130     

Stop-Loss
0.9080
    
Last Update At
22 Mar 2012 04:15 GMT

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