Forex Forum

Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on March 03, 2011, 05:08:16 am

Title: Trade Idea Update: USD/CHF ? Hold short entered at 0.9250
Post by: pranjali on March 03, 2011, 05:08:16 am
Trade Idea Update: USD/CHF ? Hold short entered at 0.9250

<p>Despite intra-day rebound to 0.9274, as long as indicated level at 0.9282/85 holds, bearishness remains for recent decline to resume after consolidation and a break of yesterday?s low at 0.9202 would extend further weakness to indicated downside target at 0.9182 (100% projection of 0.9739-0.9415 measuring from 0.9506) and possibly 0.9150<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/iCtnqD40lmo" height="1" width="1"/>

Source: Trade Idea Update: USD/CHF ? Hold short entered at 0.9250 (http://feeds.actionforex.com/~r/CandlesticksIntradayTrades/~3/iCtnqD40lmo/)