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high at 1.1300 suggests consolidation with mild
downside bias wud be seen for weakness to 1.1248/50
but reckon 1.1216/22 sup wud hold n bring another
corrective rise later.
Sell on recovery for st trade, stop as indicated
, abv wud risk 1.1353 b4 down...
Range Forecast
1.1265 / 1.1295
Resistance/Support
R: 1.1300/1.1353/1.1380
S: 1.1248/1.1216/1.1188
INTRA-DAY USD/CHF OUTLOOK: 1.1279
Updating time :13 Nov 2007 04:21 GMT
Dlr's retreat after failing to penetrate y'day'shigh at 1.1300 suggests consolidation with mild
downside bias wud be seen for weakness to 1.1248/50
but reckon 1.1216/22 sup wud hold n bring another
corrective rise later.
Sell on recovery for st trade, stop as indicated
, abv wud risk 1.1353 b4 down...
Range Forecast
1.1265 / 1.1295
Resistance/Support
R: 1.1300/1.1353/1.1380
S: 1.1248/1.1216/1.1188
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