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USD/CHF intra-day strategy by AceTrader

Discussion in 'Market Predictions and Reports' started by acetraderfx, Aug 25, 2010.

  1. acetraderfx

    acetraderfx AceTrader.com Representative

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    INTRA-DAY USD/CHF : 1.0287

    Last Update At 25 Aug 2010 05:43 GMT

    Although dlr's anticipated weakness n breach of
    1.0287 (NY) suggest the fall fm y'day's 1.0451 high
    remains in progress n re-test of this month's low
    at 1.0257 cannot be ruled out, break needed to con-
    firm downtrend fm 1.1730 has resumed, 1.0220/30.


    Abv 1.0300/10 wud prolong choppy trading n may
    bring gain twd 1.0338 (Asia). Stand aside...

    Range Forecast
    1.0265 / 1.0305


    Resistance/Support
    R: 1.0338/1.0369/1.0393
    S: 1.0257/1.0220/1.0130
     

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