Monday, August 13, 2007

EUR/CHF

A MAJOR BREAKOUT EXPECTED...






1.6435/40 is the major resistence on the 15 min chart and the next big hurdle is at 1.6450 which is just 10 pips above the earlier mentioned level. A break out from the level of 1.6435/40-50 then i target at 1.6513 level in the immediate term. The support comes at 1.6388 and then at 1.6357.