INTRA-DAY USD/CHF OUTLOOK

As dlr has rebounded after holding abv y'day's fresh 1-month low of 0.9242 in part due to cross selling in chf, suggesting consolidation with up-side bias wud be seen n abv 0.9271 res wud bring a stronger retrace. to 0.9291/99.

Buy on dips with stop as indicated, break wud extend marginally but key 0.9215 sup wud hold.

Range Forecast
0.9250 / 0.9271

Resistance/Support
R: 0.9271/0.9291/0.9303
S: 0.9242/0.9215/0.9195

Last Update At
04 Dec 2012 02:14 GMT

Rate
0.9261

Strategy
Buy at 0.9250

Objective
0.9280

Stop-Loss
0.9235