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bias in Asia after y'day's corrective rebound fm
1.1258 to 1.1353, as this move signals recent down-
trend has made a temp. low, 'choppy' sideways move
is likely n another rise twd 1.1360/70 may be seen.
Stand aside for now n look to sell on such rise
but below 1.1290/95 needed for re-test of 1.1258...
Range Forecast
1.1305 / 1.1340
Resistance/Support
R: 1.1353/1.1396/1.1422
S: 1.1311/1.1295/1.1258
INTRA-DAY USD/CHF OUTLOOK: 1.1320
Updating time : 08 Nov 2007 06:48 GMT
Although dlr has traded sideways with a softbias in Asia after y'day's corrective rebound fm
1.1258 to 1.1353, as this move signals recent down-
trend has made a temp. low, 'choppy' sideways move
is likely n another rise twd 1.1360/70 may be seen.
Stand aside for now n look to sell on such rise
but below 1.1290/95 needed for re-test of 1.1258...
Range Forecast
1.1305 / 1.1340
Resistance/Support
R: 1.1353/1.1396/1.1422
S: 1.1311/1.1295/1.1258
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