USD/CHF intra-day strategy by AceTrader

acetraderfx

AceTrader.com Representative
Messages
1,109
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
 
Back
Top