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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on March 11, 2011, 05:53:09 am

Title: Trade Idea Update: USD/CHF ? Stand aside
Post by: pranjali on March 11, 2011, 05:53:09 am
Trade Idea Update: USD/CHF ? Stand aside

<p>Although dollar has rebounded after finding support at 0.9302 in Asia, above resistance at 0.9363-70 is needed to signal the rise from 0.9202 low has resumed and bring a stronger retracement of early downtrend to resistance at 0.9392, however, still reckon upside would be limited to 0.9421 (38.2% Fibonacci retracement<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/M1MwsQm-8js" height="1" width="1"/>

Source: Trade Idea Update: USD/CHF ? Stand aside (http://feeds.actionforex.com/~r/CandlesticksIntradayTrades/~3/M1MwsQm-8js/)