Intra-day Usd/chf Outlook By Acetrader - Forex Forum

 
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> Intra-day Usd/chf Outlook By Acetrader
AcetraderFX
post Jul 15 2008, 3:46
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Updating time : 15 Jul 2008 02:26 GMT

As dlr has fallen after meeting renewed selling
at 1.0175 (Aust.), re-test of y'day's low at 1.0130
is seen n break there wud confirm recent decline
has resumed, extend weakness to daily sup at 1.0112
n possibly later twds 1.0080/90.

Sell on recovery with stop as indicated, abv wud
risk 1.0200/10 but 1.0251 res shud remain intact..

Range Forecast
1.0130 / 1.0160

Resistance/Support
R: 1.0186/1.0225/1.0254
S: 1.0130/1.0112/1.0080

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