AceTrader 2-wk TRIAL
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DAILY USD/CHF OUTLOOK
Dlr's intra-day brief breach of Sep's 4-mth lowat 0.9215 suggests decline fm 2012 peak at 0.9972(Jul) has finally resumed n as long as y'day's topat 0.9275 holds, weakness to 0.9170/80 is likely,nr term 'loss of momentum' wud keep dlr abv 0.9135.
Lower short entry for this move n only abv saidres confirms temp. low is made, risks 0.9310/14.
Resistance/Support
R: 0.9275/0.9300/0.9314
S: 0.9195/0.9135/0.9112
Last Update At
14 Dec 2012 08:19 GMT
Rate
0.9222
Strategy
Sell at 0.9250
Objective
0.9180
Stop-Loss
0.9395
Dlr's intra-day brief breach of Sep's 4-mth lowat 0.9215 suggests decline fm 2012 peak at 0.9972(Jul) has finally resumed n as long as y'day's topat 0.9275 holds, weakness to 0.9170/80 is likely,nr term 'loss of momentum' wud keep dlr abv 0.9135.
Lower short entry for this move n only abv saidres confirms temp. low is made, risks 0.9310/14.
Resistance/Support
R: 0.9275/0.9300/0.9314
S: 0.9195/0.9135/0.9112
Last Update At
14 Dec 2012 08:19 GMT
Rate
0.9222
Strategy
Sell at 0.9250
Objective
0.9180
Stop-Loss
0.9395
