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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on March 09, 2011, 05:05:56 am

Title: Trade Idea Update: USD/CHF ? Stand aside
Post by: pranjali on March 09, 2011, 05:05:56 am
Trade Idea Update: USD/CHF ? Stand aside

<p>The greenback did retreat in line with our expectation, suggesting a temporary top has been formed at 0.9370 this morning and consolidation with mild downside bias is seen for weakness to 0.9305/10, however, a sustained breach below the Ichimoku cloud (now at 0.9284-97) is needed to signal the correction form<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/FRAPC91DVTQ" height="1" width="1"/>

Source: Trade Idea Update: USD/CHF ? Stand aside (http://feeds.actionforex.com/~r/CandlesticksIntradayTrades/~3/FRAPC91DVTQ/)