DAILY USD/CHF OUTLOOK - 0.879815 Apr 2014 23:17GMT
Although USD's retreat from yesterday's high of 0.8820
to 0.8784 (NY) suggests 1st leg of correction from
last Fri's low at 0.8843 has ended there, as long
as said sup holds, stronger retrace. of early fall
from 0.8953 toward 0.8846/48 is seen b4 another decline.
Buy on dips for this move but reckon 0.8880 res
would cap upside. Below 0.8743 risks 0.8729 and 0.8698.
STRATEGY : Buy at 0.8770
OBJECTIVE : 0.8835
STOP-LOSS : 0.8735
RES : 0.8820/0.8846/0.8880
SUP : 0.8743/0.8729/0.8698
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