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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on March 05, 2011, 11:01:45 am

Title: Trade Idea Update: USD/CHF ? Buy at 0.9210
Post by: pranjali on March 05, 2011, 11:01:45 am
Trade Idea Update: USD/CHF ? Buy at 0.9210

<p>Although dollar?s retreat after intra-day marginal rise to 0.9332 suggests consolidation with mild downside bias would be seen for retracement to 0.9249-52 (current level of the Ichimoku cloud bottom and 61.8% Fibonacci retracement of 0.9202 to 0.9332), this week?s low at 0.9202 should limit downside and bring another rebound later.<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/AVKWmKSsvWw" height="1" width="1"/>

Source: Trade Idea Update: USD/CHF ? Buy at 0.9210 (http://feeds.actionforex.com/~r/CandlesticksIntradayTrades/~3/AVKWmKSsvWw/)