Forex Forum
Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on March 03, 2011, 11:08:03 am
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Trade Idea Wrap-up: USD/CHF ? Buy at 0.9250
<p>Current stronger-than-expected rebound on active cross-selling in Swiss franc against euro signals a temporary low has been formed at 0.9202 yesterday and consolidation with mild upside bias is seen for retracement of recent decline to 0.9350/55 (50% Fibonacci retracement of 0.9506 to 0.9202), however, reckon 0.9392 resistance would limit upside<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/4mqhb91gWOg" height="1" width="1"/>
Source: Trade Idea Wrap-up: USD/CHF ? Buy at 0.9250 (http://feeds.actionforex.com/~r/CandlesticksIntradayTrades/~3/4mqhb91gWOg/)