Wednesday, June 11, 2008

USD/CHF Daily Outlook

USD/CHF dips lower to 1.0147 today and at this point, intraday bias remains on the downside as long as 1.0246 minor resistance holds. Further decline is expected to be seen to 100% projection of 1.0623 to 1.0214 from 1.0526 at 1.0117. Above 1.0246 will turn intraday outlook neutral first but...



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