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INTRA-DAY USD/CHF OUTLOOK:              1.2337


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Updating time : 19 Feb 2007 08:14 GMT


Lack of follow-through selling after breaking
1.2330 n present rebound fm 1.2327 suggest re-test
of Asian top at 1.2350 is likely but as outlook is
consolidative, Friday's high at 1.2385 wud hold n
bring choppy trading later.

Exit short n stand aside for now. Only below 1.
2316 wud extend recent decline twds 1.2285/90...

Range Forecast

1.2315 / 1.2345

Resistance/Support
R: 1.2350/1.2385/1.2409
S: 1.2308/1.2272/1.2242

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