Forex Forum

Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on March 02, 2011, 05:04:32 am

Title: Trade Idea Update: USD/CHF ? Stand aside
Post by: pranjali on March 02, 2011, 05:04:32 am
Trade Idea Update: USD/CHF ? Stand aside

<p>Despite yesterday?s marginal rise to 0.9323, as the greenback has retreated from there and has continued to move lower, consolidation with mild downside remains, however, a break of last week?s low at 0.9229 is needed to confirm downtrend has resumed and extend weakness to 0.9182 (100% projection of 0.9739-0.9415 measuring<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/sqCh093vb-s" height="1" width="1"/>

Source: Trade Idea Update: USD/CHF ? Stand aside (http://feeds.actionforex.com/~r/CandlesticksIntradayTrades/~3/sqCh093vb-s/)