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

 
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> Intra-day Usd/chf Outlook By Acetrader
AcetraderFX
post Aug 4 2008, 5:12
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Dlr's retreat after faltering below last week's
top at 1.0523 suggests further consolidation below
there wud be seen n break of 1.0461 sup wud extend
to 1.0425/30 but reckon 1.0403 (Thursday's low) wud
hold n yield recovery later.

Abv 1.0517/23 wud confirm recent upmove has re-
sumed, 1.0541 n then 1.0560. Stand aside for now...

Range Forecast
1.0461 / 1.0485

Resistance/Support
R: 1.0500/1.0523/1.0541
S: 1.0461/1.0403/1.0357

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