INTRA-DAY USD/CHF OUTLOOK

Dlr's present recovery fm 0.9666 suggests conso-
lidation abv y'day's low at 0.9658 is seen with
mild upside bias n marginal gain abv 0.9706 can't
be ruled out, however, reckon res at 0.9743 shud
hold n bring another fall later.

Wud be prudent to exit short n stand aside. Be-
low 0.9658 wud extend recent decline twd 0.9631.

Range Forecast
0.9658 / 0.9685

Resistance/Support
R: 0.9706/0.9743/0.9771
S: 0.9658/0.9631/0.9617

Last Update At
07 Aug 2012 09:15 GMT

Rate
0.9685

Position
Short at 0.9680

Strategy/Entry Level
Exit short