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Technical Analysis Discuss the merits and downfalls of using technical data methods to assist trading

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Old 08-26-2008, 05:01 AM   #1 (permalink)
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Default Intra-day outlook for usd/chf
Updating time : 26 Aug 2008 04:29 GMT

Dlr's rebound fm 1.0923 suggests the pullback
fm y'day's high at 1.1035 has ended there n consoli
dation with upside bias remains for gain to 1.1010/
15, however, abv 1.1035/42 res area is needed to
confirm recent uptrend has 'finally' resumed.

Buy on dips with stop as indicated, below may
risk re-test of sup at 1.0923...

Range Forecast
1.0970 / 1.0997

Resistance/Support
R: 1.0997/1.1042/1.1108
S: 1.0955/1.0923/1.0906

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