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INTRA-DAY USD/CHF OUTLOOK : 1.2201
Updating time : 01 Mar 2007 09:53 GMT
Although dlr has edged higher after failing to
breach 1.2173, as long as 1.2210 holds, bearishness
remains for recent decline to resume after consoli-
dation n below said sup wud extend weakness to 1.21
55/60 b4 rebound due to loss of momentum.
Remain as cautious seller, stop as indicated n
abv wud risk stronger retrace. twds 1.2244...
Range Forecast
1.2185 / 1.2210
Resistance/Support
R: 1.2210/1.2244/1.2278
S: 1.2145/1.2112/1.2083
