Sunday, July 27, 2008

USD/CHF Mid-Day Outlook

Outlook in USD/CHF remains unchanged. Intraday bias remains on the upside as long as 1.0288 minor support holds. Prior break of 1.0352 resistance confirms that fall from 1.0539 has completed with bullish convergence in 4 hours MACD and RSI at 1.0010. Further rally should now be seen towards 1.0539 resistance...



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