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Author Topic: USD/CHF Weekly Outlook  (Read 1822 times)
Hemant
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« on: March 06, 2011, 05:09:13 am »
USD/CHF Weekly Outlook

USD/CHF's recovery last week was limited at 0.9328, below 4 hours 55 EMA. Subsequent sharp fall argues that recent decline from 0.9774 might be resuming. Initial bias is cautiously on the downside for 0.9201. Break will confirm fall resumption and should target 100% projection of 1.0065 to 0.9300 from 0.9774<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/ewy7uJOeh9k" height="1" width="1"/>

Source: USD/CHF Weekly Outlook
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