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Intraday USD/CHF Outlook

Published 03/05/2012, 02:11 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 last
Friday's rise to 0.9150 in NZ n minor consolidation
wud be seen, pullback wud be ltd to 0.9115/20 n
yield resumption of upmove fm Feb's 0.8932 low for
further gain to 0.9164 n then 0.9177/80.
    Buy on dips with stop as indicated, break wud
risk stronger pullback to 0.9072/80.

Range Forecast
0.9120 / 0.9150

Resistance/Support
R: 0.9164/0.9177/0.9201
S: 0.9120/0.9109/0.9072

Rate     
0.9129     

Strategy/Entry Level
Buy at 0.9120

Objective     
0.9160     

Stop-Loss
0.9100
    
Last Update At
05 Mar 2012 07:06 GMT

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