INTRA-DAY USD/CHF OUTLOOK: 1.4268

Updating time : 12 Feb 2009 23:33 GMT

Although cable has retreated fm 1.4315 (Aust.),
o/n rebound fm 1.4161 suggests a temp. low has been
formed y'day at 1.4138 n further consolidation abv
there is seen with upside bias, abv said res wud
bring retrace. of this week's decline to 1.4350/60.

Buy on dips with stop as indicated, below wud
defer n risk weakness to 1.4170/80...

Range Forecast

1.4250 / 1.4290

Resistance/Support

R: 1.4315/1.4354/1.4419
S: 1.4241/1.4161/1.4138