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USD/CHF Mid-Day Outlook - forex fx daily current outlook

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Old 05-17-2010, 02:12 PM
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Join Date: Sep 2008
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Default USD/CHF Mid-Day Outlook

With 1.1259 minor support intact, intraday bias in USD/CHF remains on the upside and recent rally is expected to continue towards 161.8% projection of 1.0131 to 1.0897 from 1.0434 at 1.1673 next. On the downside, below 1.1259 minor support will indicate that a temporary top is formed and bring consolidations. But pull back should be contained above 1.0922 support and bring rise resumption.

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