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INTRA-DAY USD/CHF OUTLOOK - 1.2430
Updating time :20 Nov 2006 02:53 GMT
Similar to euro, as dlr has retreated after meet
ing renewed selling below 1.2454 minor res, suggest
ing Friday's fall fm 1.2537 wud extend weakness twd
1.2400, however, as broad outlook is consolidative,
reckon 1.2386 wud limit downside n bring rebound.
Sell on recovery for 1.2410 or buy at 1.2405 for
1.2445 but 1.2485 shud remain intact...
Range Forecast
1.2420 / 1.2450
Resistance/Support
R: 1.2483/1.2537/1.2559
S: 1.2420/1.2386/1.2360
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