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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on March 02, 2011, 05:00:38 pm

Title: Trade Idea Wrap-up: USD/CHF ? Sell at 0.9250
Post by: pranjali on March 02, 2011, 05:00:38 pm
Trade Idea Wrap-up: USD/CHF ? Sell at 0.9250

<p>The greenback met renewed selling interest right at the Ichimoku cloud bottm and has resumed recent downtrend, suggesting further weakness to indicated downside target at 0.9182 (100% projection of 0.9739-0.9415 measuring from 0.9506) and possibly 0.9150 is underway, however, oversold condition should limit downside to 0.9100 and risk from there<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/B_Q6yp0sgcc" height="1" width="1"/>

Source: Trade Idea Wrap-up: USD/CHF ? Sell at 0.9250 (http://feeds.actionforex.com/~r/CandlesticksIntradayTrades/~3/B_Q6yp0sgcc/)