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Old 26-05-2008, 02:51   #1
AceTraderFX
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(AceTrader) INTRA-DAY USD/CHF OUTLOOK - 1.0257

Although dlr has continued to move sideways, as
Friday's selloff suggests recovery fm 102.73 has
ended earlier at 104.38, reckon 103.45/50 wud limit
downside n yield another fall, however, firm breach
of 103.00/05 is needed for re-test of 102.73 later.

Still favour selling on pullback with stop as
indicated, abv wud prolong consolidation, 103.90/00


Range Forecast
103.15 / 103.40

Resistance/Support
R: 103.41/103.70/103.97
S: 103.05/102.73/102.57

Last edited by AceTraderFX : 26-05-2008 at 02:57.
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