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INTRA-DAY EUR/CHF OUTLOOK : 0.6378
Updating time :18 Feb 2009 00:46 GMT
Despite y'day's resumption of recent decline,
A$'s present rebound fm 0.6332 (Australia) signals
a temporary low has been made n consolidation with
mild upside bias is seen for a recovery to 0.6410
but reckon 0.6430 (prev. sup) wud hold in Asia.
For st trade, turn long on dips for this move
with stop initially below said intra-day low...
Range Forecast
0.6360 / 0.6400
Resistance/Support
R: 0.6403/0.6430/0.6475
S: 0.6332/0.6296/0.6248
Updating time :18 Feb 2009 00:46 GMT
Despite y'day's resumption of recent decline,
A$'s present rebound fm 0.6332 (Australia) signals
a temporary low has been made n consolidation with
mild upside bias is seen for a recovery to 0.6410
but reckon 0.6430 (prev. sup) wud hold in Asia.
For st trade, turn long on dips for this move
with stop initially below said intra-day low...
Range Forecast
0.6360 / 0.6400
Resistance/Support
R: 0.6403/0.6430/0.6475
S: 0.6332/0.6296/0.6248
