USD/CHF - 1.0503 ... Despite initial rise to a marginal high of 1.0625 in 
Asian morning, price came under selling pressure due to intra-day dlr's broad- 
based weakness together with renewed cross-buying of chf, the buck subsequently 
dropped to 1.0482 in NY morning b4 staging a recovery to 1.0528/30.
       Y'day's strg retreat fm 1.0625 suggests recent upmove has possibly formed 
a temporary top there, however, below 1.0450/60 is needed to confirm this view n 
yield a long-overdue correction of the intermediate upmove fm 0.9998 to 1.0385, 
being a min. 38% r of aforesaid rise. On the upside, in the event price manages 
to trade abv said y'day's low n climb back abv 1.0538/41 (previous sup area, now 
res), then risk is seen for stronger gain twd 1.0591/94 but abv there is needed 
to signal recent upmove has once again resumed n bring one more rise, however,
loss of momentum shud cap price at 1.0660/70 n yield correction next week.
       Looking ahead, as long as sup 1.0299 holds, the major correction fm 08' 
low at 0.9577 shud push dlr higher to 1.0714 n possibly later twd 1.1050, being 
38% r & 50% r respectively of the MT intermediate fall fm 1.2469 to 0.9630...