DAILY USD/CHF OUTLOOK - 0.8815
24 Apr 2014 23:27GMT
Despite yesterday's brief bounce to 0.8857 in NY, sub-
sequent retreat suggests choppy trading below Tuesday's
high at 0.8862 would continue with downside bias and
below 0.8808 sup (Wed) would bring further weakness
to 0.8778 but aforesaid low would remain intact.
Sell on recovery with stop as indicated, break
extends up move from Apr's low at 0.8743 to 0.8905.
STRATEGY : Sell at 0.8840
OBJECTIVE : 0.8780
STOP-LOSS : 0.8870
RES : 0.8862/0.8880/0.8905
SUP : 0.8808/0.8778/0.8743
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